MGM China Holdings Limited (OTCMKTS:MCHVY) Sees Large Growth in Short Interest

MGM China Holdings Limited (OTCMKTS:MCHVY) was the recipient of a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 94 shares, an increase of 19.0% from the February 12th total of 79 shares. Based on an average daily trading volume, of 7 shares, the short-interest ratio is currently 13.4 days. Based on an average daily trading volume, of 7 shares, the short-interest ratio is currently 13.4 days.

MGM China Trading Down 3.0%

MGM China stock opened at $19.30 on Wednesday. The company’s 50 day moving average is $19.06 and its two-hundred day moving average is $21.36. MGM China has a 52-week low of $14.17 and a 52-week high of $24.13.

About MGM China

MGM China Holdings Limited is a developer and operator of luxury integrated resorts in the Macau Special Administrative Region of China. The company’s core business encompasses casino gaming, hospitality, entertainment, retail and convention services. Through its flagship properties, MGM China offers a full spectrum of experiences, ranging from high-end gaming salons and mass-market gaming tables to fine dining venues, world-class entertainment shows and upscale retail boutiques.

MGM China’s portfolio includes two major integrated resorts: MGM Macau, located on the Macau Peninsula, and MGM Cotai, situated in the Cotai resort zone.