Genting Malaysia Berhad (OTCMKTS:GMALY) Sees Large Increase in Short Interest

Genting Malaysia Berhad (OTCMKTS:GMALY) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 4 shares, an increase of ∞ from the June 30th total of 0 shares. Based on an average trading volume of 64 shares, the days-to-cover ratio is presently 0.1 days.

Genting Malaysia Berhad Price Performance

Shares of GMALY stock remained flat at $4.50 during trading hours on Wednesday. The company’s 50-day moving average price is $10.72 and its 200 day moving average price is $12.82. Genting Malaysia Berhad has a 52-week low of $4.50 and a 52-week high of $11.00.

Genting Malaysia Berhad (OTCMKTS:GMALY) last released its earnings results on Thursday, May 21st. The company reported ($0.45) earnings per share (EPS) for the quarter. The company had revenue of $722.92 million for the quarter.

Genting Malaysia Berhad Company Profile

Genting Malaysia Berhad, a member of the Genting Group, is a Malaysia-based leisure and hospitality company that operates integrated resorts and gaming establishments. Incorporated under the Malaysian Companies Act and listed on Bursa Malaysia in 2006, the company traces its roots to the development of Resorts World Genting by founder Tan Sri Lim Goh Tong. Today, Genting Malaysia Berhad serves as the principal vehicle for the group’s land-based casino and resort operations.

The company’s flagship asset is Resorts World Genting, situated atop the cool highlands of Pahang.