MGM China Holdings Limited (OTCMKTS:MCHVY) Short Interest Update

MGM China Holdings Limited (OTCMKTS:MCHVY) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totaling 16 shares, an increase of 300.0% from the December 15th total of 4 shares. Based on an average daily volume of 22 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily volume of 22 shares, the days-to-cover ratio is presently 0.7 days.

MGM China Stock Performance

Shares of MGM China stock remained flat at $19.25 on Wednesday. MGM China has a one year low of $14.17 and a one year high of $24.13. The firm’s 50-day moving average is $22.86 and its 200 day moving average is $22.10.

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.