Galaxy Entertainment Group Limited (OTCMKTS:GXYEF – Get Free Report) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 608,406 shares, a drop of 86.4% from the July 15th total of 4,466,173 shares. Based on an average daily trading volume, of 39,795 shares, the short-interest ratio is presently 15.3 days.
Galaxy Entertainment Group Price Performance
OTCMKTS:GXYEF opened at $4.45 on Wednesday. Galaxy Entertainment Group has a 52-week low of $3.68 and a 52-week high of $5.80. The stock has a fifty day moving average of $4.13 and a 200 day moving average of $4.59.
Galaxy Entertainment Group Company Profile
Galaxy Entertainment Group is a Hong Kong–incorporated investment holding company with core operations in the gaming and hospitality industry. The company develops and operates integrated resort complexes in the Macau Special Administrative Region, offering casino gaming, luxury hotel accommodations, retail, dining, entertainment and convention facilities under one roof.
Its flagship property, Galaxy Macau on the Cotai Strip, encompasses multiple phases of development, combining mass-market gaming areas, VIP gaming salons, branded hotels such as Banyan Tree and The Ritz-Carlton, and a variety of food and beverage outlets.
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