Studio City Ih (NYSE:MSC) Short Interest Update

Studio City Ih (NYSE:MSC) was the target of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 2,704 shares, a decrease of 53.0% from the June 30th total of 5,751 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 2,701 shares, the days-to-cover ratio is presently 1.0 days.

Studio City Ih Stock Performance

MSC traded up $0.09 on Thursday, hitting $1.85. 2,537 shares of the company traded hands, compared to its average volume of 2,416. The company has a quick ratio of 0.21, a current ratio of 0.23 and a debt-to-equity ratio of 3.03. The company has a 50 day moving average of $2.01 and a 200-day moving average of $2.58. Studio City Ih has a 12-month low of $1.58 and a 12-month high of $6.63. The stock has a market capitalization of $388.98 million, a PE ratio of -8.39 and a beta of 0.13.

Studio City Ih (NYSE:MSC) last posted its quarterly earnings data on Tuesday, March 31st. The company reported $0.00 earnings per share for the quarter. The firm had revenue of $176.72 million for the quarter. Studio City Ih had a negative net margin of 5.68% and a negative return on equity of 6.90%.

Studio City Ih Company Profile

Studio City International Holdings Limited (NYSE: MSC) is a Cayman Islands–incorporated company that develops, owns and operates the Studio City integrated resort on the Cotai Strip in Macau. The business is principally engaged in gaming and non-gaming operations, including hotel accommodations, retail concessions, food and beverage outlets, live entertainment and themed attractions. Studio City is designed to cater to both mass-market and premium gaming customers while also appealing to family and leisure travelers through its entertainment and retail offerings.

The centerpiece of the company’s portfolio is the Studio City resort, which opened in October 2015 and features two landmark hotel towers, more than 1,600 guest rooms and suites, over 160,000 square feet of retail space, a range of dining concepts and convention facilities.