Shangri-La Asia Limited (OTCMKTS:SHALY) Short Interest Down 50.0% in December

Shangri-La Asia Limited (OTCMKTS:SHALY) was the recipient of a large drop in short interest during the month of December. As of December 15th, there was short interest totalling 100 shares, a drop of 50.0% from the November 30th total of 200 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 0.5 days.

Shangri-La Asia Price Performance

Shares of OTCMKTS:SHALY remained flat at $12.50 on Friday. Shangri-La Asia has a 1-year low of $11.91 and a 1-year high of $14.95. The company’s 50-day simple moving average is $13.98 and its 200 day simple moving average is $13.97.

Shangri-La Asia Company Profile

Shangri-La Asia Limited, an investment holding company, develops, owns/leases, operates, and manages hotels and associated properties worldwide. It operates through Hotel Properties, Hotel Management and Related Services, Investment Properties, and Property Development for Sale segments. The company develops, owns, and operates office and commercial properties, and serviced apartments/residences; and operates restaurants and amusement parks.