Short Interest in MGM China Holdings Limited (OTCMKTS:MCHVY) Expands By 300.0%

MGM China Holdings Limited (OTCMKTS:MCHVY) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 16 shares, a growth of 300.0% from the December 15th total of 4 shares. Based on an average trading volume of 22 shares, the short-interest ratio is currently 0.7 days. Based on an average trading volume of 22 shares, the short-interest ratio is currently 0.7 days.

MGM China Stock Performance

Shares of MCHVY opened at $19.25 on Thursday. The firm has a 50 day simple moving average of $22.78 and a two-hundred day simple moving average of $22.08. MGM China has a one year low of $14.17 and a one year high of $24.13.

MGM China Company Profile

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.