Sands China Ltd. (OTCMKTS:SCHYY - Get Free Report) was the target of a significant drop in short interest in May. As of May 15th, there was short interest totalling 3,600 shares, a drop of 45.5% from the April 30th total of 6,600 shares. Based on an average daily volume of 58,300 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company's stock are sold short.
Analyst Ratings Changes
SCHYY has been the topic of a number of recent analyst reports. Hsbc Global Res upgraded shares of Sands China to a "hold" rating in a report on Friday, February 7th. Citigroup upgraded shares of Sands China from a "hold" rating to a "strong-buy" rating in a research note on Friday, February 21st. Finally, UBS Group cut shares of Sands China from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, April 30th.
Read Our Latest Report on SCHYY
Sands China Trading Up 6.0%
Shares of SCHYY stock traded up $1.17 on Tuesday, hitting $20.61. 11,399 shares of the stock traded hands, compared to its average volume of 39,062. Sands China has a 52 week low of $15.41 and a 52 week high of $29.40. The firm has a 50 day simple moving average of $18.68 and a two-hundred day simple moving average of $22.29. The company has a quick ratio of 1.53, a current ratio of 1.55 and a debt-to-equity ratio of 15.44.
Sands China Dividend Announcement
The company also recently declared a dividend, which will be paid on Monday, July 7th. Investors of record on Friday, May 30th will be paid a dividend of $0.2733 per share. The ex-dividend date is Thursday, May 29th. This represents a dividend yield of 1.45%.
Sands China Company Profile
(
Get Free Report)
Sands China Ltd. develops, owns, and operates integrated resorts and casinos in Macao. It owns and operates The Venetian Macao, The Londoner Macao, The Parisian Macao resort, The Plaza Macao, and The Sands Macao casino; the Cotai Expo, a convention and exhibition hall; and the Cotai Arena and the Londoner Arena entertainment venues, as well as Cotai Water Jet ferry for leisure and business travelers.
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