Home Hotel management MGM China Holdings Limited (OTCMKTS:MCHVY) Short Interest Up 200.0% in May

MGM China Holdings Limited (OTCMKTS:MCHVY) Short Interest Up 200.0% in May

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MGM China Holdings Limited (OTCMKTS: MCHVYGet a rating) benefited from a significant increase in short-term interest in May. As of May 31, there was selling interest totaling 2,100 shares, an increase of 200.0% from the May 15 total of 700 shares. Based on an average daily volume of 200 shares, the short interest ratio is currently 10.5 days.

Shares of OTCMKTS MCHVY held steady at $6.26 in Friday’s midday session. The company has a 50-day moving average price of $6.61 and a 200-day moving average price of $7.34. MGM China has a fifty-two week low of $5.55 and a fifty-two week high of $13.50.

About MGM China (Get a rating)

MGM China Holdings Limited, an investment holding company, is engaged in the development, ownership and operation of gaming and accommodation resorts in the Greater China region. The Company develops and operates casino games of chance and other casino games, and related hotel and resort facilities, as well as hotel management services; and develops integrated resorts in Macau.

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