Short Interest in MGM China Holdings Limited (OTCMKTS:MCHVY) Expands By 19.0%

MGM China Holdings Limited (OTCMKTS:MCHVY) was the target of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 94 shares, a growth of 19.0% from the February 12th total of 79 shares. Based on an average daily volume of 7 shares, the days-to-cover ratio is presently 13.4 days. Based on an average daily volume of 7 shares, the days-to-cover ratio is presently 13.4 days.

MGM China Stock Up 13.7%

Shares of OTCMKTS MCHVY traded up $2.39 during mid-day trading on Monday, hitting $19.89. 163 shares of the company’s stock traded hands, compared to its average volume of 267. MGM China has a 1 year low of $14.17 and a 1 year high of $24.13. The company’s 50-day moving average is $19.05 and its two-hundred day moving average is $21.39.

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.