Wynn Macau, Limited – Unsponsored ADR (OTCMKTS:WYNMY) Short Interest Update

Wynn Macau, Limited – Unsponsored ADR (OTCMKTS:WYNMY) saw a large decline in short interest in August. As of August 31st, there was short interest totaling 1,003 shares, a decline of 41.3% from the August 15th total of 1,710 shares. Based on an average daily trading volume, of 9,742 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Wall Street Analyst Weigh In

WYNMY has been the topic of several research reports. The Goldman Sachs Group upgraded shares of Wynn Macau from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 14th. CLSA cut shares of Wynn Macau from a “strong-buy” rating to a “moderate buy” rating in a report on Friday, July 10th. Two investment analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Strong Buy”.

Wynn Macau Stock Performance

Shares of Wynn Macau stock opened at $6.66 on Thursday. The stock has a 50-day simple moving average of $7.12 and a 200-day simple moving average of $7.08. Wynn Macau has a 52-week low of $6.26 and a 52-week high of $9.51.

Wynn Macau Company Profile

Wynn Macau Limited is a Macau-based hospitality and gaming company and a subsidiary of Wynn Resorts, Limited. The company develops and operates integrated resort properties that combine casino gaming with luxury accommodations, dining, retail, entertainment and leisure amenities.

Its principal properties are Wynn Macau, located on the Macau Peninsula, and Wynn Palace, located in the Cotai area. The resorts offer gaming facilities, hotel rooms and suites, restaurants, spas, retail outlets, meeting and convention space, and entertainment attractions.