Genting Malaysia Berhad (OTCMKTS:GMALF) Short Interest Up 2,600.0% in April

Genting Malaysia Berhad (OTCMKTS:GMALF) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totalling 2,700 shares, an increase of 2,600.0% from the March 31st total of 100 shares. Based on an average daily trading volume, of 800 shares, the short-interest ratio is presently 3.4 days.

Genting Malaysia Berhad Price Performance

Shares of GMALF stock opened at $0.38 on Friday. The company’s fifty day simple moving average is $0.44 and its 200-day simple moving average is $0.50. Genting Malaysia Berhad has a 52 week low of $0.36 and a 52 week high of $0.46.

About Genting Malaysia Berhad

Genting Malaysia Berhad, together with its subsidiaries, engages in the leisure and hospitality business in Malaysia, the United Kingdom, Egypt, the United States, and the Bahamas. It operates through Leisure & Hospitality, and Properties segments. The Leisure & Hospitality segment comprises integrated resort activities, which include gaming, hotels, food and beverages, theme parks, and retail and entertainment attractions, as well as tours and travel related, and other supporting services.