Sino Land Company Limited (OTCMKTS:SNLAY) Short Interest Update

Sino Land Company Limited (OTCMKTS:SNLAY - Get Free Report) was the target of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 23,200 shares, an increase of 3,766.7% from the March 15th total of 600 shares. Based on an average daily volume of 9,000 shares, the days-to-cover ratio is presently 2.6 days. Approximately 0.0% of the company's shares are short sold.

Sino Land Stock Up 5.5 %

OTCMKTS:SNLAY traded up $0.25 during midday trading on Friday, hitting $4.81. The stock had a trading volume of 422 shares, compared to its average volume of 3,924. The stock has a 50-day moving average of $5.03 and a 200 day moving average of $5.08. Sino Land has a one year low of $4.55 and a one year high of $6.08.

Sino Land Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, May 2nd. Stockholders of record on Wednesday, March 12th will be paid a dividend of $0.0965 per share. The ex-dividend date of this dividend is Wednesday, March 12th.

Sino Land Company Profile

Sino Land Company Limited, an investment holding company, invests in, develops, manages, and trades in properties. It operates through six segments: Property Sales, Property Rental, Property Management and Other Services, Hotel Operations, Investments in Securities, and Financing. The company's property portfolio includes shopping malls, offices, industrial buildings, residentials and car parks.