MGM China Holdings Limited (OTCMKTS:MCHVF) Short Interest Up 21.0% in February

MGM China Holdings Limited (OTCMKTS:MCHVF) saw a significant growth in short interest in February. As of February 28th, there was short interest totalling 10,449,300 shares, a growth of 21.0% from the February 13th total of 8,636,800 shares. Based on an average daily volume of 2,800 shares, the days-to-cover ratio is currently 3,731.9 days.

MGM China Stock Performance

OTCMKTS:MCHVF remained flat at $1.58 during trading hours on Wednesday. The firm’s fifty day moving average price is $1.16 and its 200 day moving average price is $1.18. MGM China has a 1-year low of $1.05 and a 1-year high of $1.80.

About MGM China

MGM China Holdings Limited, an investment holding company, engages in the development, ownership, and operation of gaming and lodging 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 provides hotel management services; and develops integrated resorts in Macau.