Galaxy Entertainment Group Limited (OTCMKTS:GXYEF) Short Interest Update

Galaxy Entertainment Group Limited (OTCMKTS:GXYEF) was the recipient of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 1,923,257 shares, a drop of 55.0% from the April 30th total of 4,270,201 shares. Based on an average daily volume of 99,778 shares, the days-to-cover ratio is currently 19.3 days.

Galaxy Entertainment Group Stock Down 0.6%

Shares of GXYEF traded down $0.03 during mid-day trading on Monday, hitting $4.21. 5,427 shares of the company’s stock were exchanged, compared to its average volume of 11,396. The stock’s 50-day moving average is $4.46 and its 200-day moving average is $4.97. Galaxy Entertainment Group has a fifty-two week low of $3.84 and a fifty-two week high of $5.80.

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.