Sino Land Company Limited (OTCMKTS:SNLAY) Short Interest Down 88.8% in April

Sino Land Company Limited (OTCMKTS:SNLAY - Get Free Report) saw a significant drop in short interest during the month of April. As of April 15th, there was short interest totalling 2,600 shares, a drop of 88.8% from the March 31st total of 23,200 shares. Based on an average trading volume of 7,700 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the shares of the company are sold short.

Sino Land Stock Performance

Sino Land stock traded up $0.17 during mid-day trading on Wednesday, reaching $5.06. 17,743 shares of the company's stock were exchanged, compared to its average volume of 3,883. The business's fifty day simple moving average is $4.99 and its 200 day simple moving average is $5.04. Sino Land has a one year low of $4.50 and a one year high of $6.08.

Sino Land Cuts Dividend

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

About Sino Land

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.