Shangri-La Asia Limited (OTCMKTS:SHALY) Short Interest Down 25.0% in April

Shangri-La Asia Limited (OTCMKTS:SHALY) was the target of a large drop in short interest in April. As of April 15th, there was short interest totalling 300 shares, a drop of 25.0% from the March 31st total of 400 shares. Based on an average daily volume of 400 shares, the short-interest ratio is currently 0.8 days.

Shangri-La Asia Stock Performance

Shares of SHALY remained flat at $14.02 during mid-day trading on Monday. The company has a quick ratio of 0.97, a current ratio of 0.99 and a debt-to-equity ratio of 0.93. The firm has a 50-day moving average price of $13.14 and a two-hundred day moving average price of $12.95. Shangri-La Asia has a 12 month low of $12.36 and a 12 month high of $17.17.

Shangri-La Asia Company Profile

Shangri-La Asia Limited, an investment holding company, develops, owns/leases, operates, and manages hotels and associated properties. 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.