What Will Happen to SHANGRI-LA ASIA LTD ORD ORDINARY SHARES (OTCMKTS:SHALF) Next? The Stock Has Decline in Shorts

The stock of SHANGRI-LA ASIA LTD ORD ORDINARY SHARES (OTCMKTS:SHALF) registered a decrease of 0.32% in short interest. SHALF’s total short interest was 2.29 million shares in December as published by FINRA. Its down 0.32% from 2.29M shares, reported previously. With 400 shares average volume, it will take short sellers 5714 days to cover their SHALF’s short positions.

It closed at $1.39 lastly. It is down 0.00% since December 2, 2017 and is . It has underperformed by 15.62% the S&P500.

Shangri-La Asia Limited, an investment holding company, owns and operates hotels and associated properties worldwide. The company has market cap of $5.15 billion. It operates through four divisions: Hotel Ownership, Property Rentals, Hotel Management Services, and Property Sales. It has a 19.86 P/E ratio. The firm also provides hotel management, marketing, consultancy, reservation, and related services; and owns and leases office and commercial properties, and serviced apartments/residences.

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