Studio City Ih (NYSE:MSC) Short Interest Update

Studio City Ih (NYSE:MSC) saw a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 5,298 shares, a growth of 124.3% from the July 30th total of 2,362 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 95,667 shares, the short-interest ratio is presently 0.1 days.

Studio City Ih Stock Performance

Shares of NYSE:MSC remained flat at $1.77 during midday trading on Friday. The stock had a trading volume of 847 shares, compared to its average volume of 50,021. The company has a current ratio of 0.76, a quick ratio of 0.72 and a debt-to-equity ratio of 3.70. Studio City Ih has a 1-year low of $1.57 and a 1-year high of $6.63. The business has a 50 day moving average of $1.82 and a two-hundred day moving average of $2.36. The company has a market cap of $372.97 million, a PE ratio of -6.32 and a beta of 0.14.

Studio City Ih (NYSE:MSC) last released its quarterly earnings data on Thursday, August 13th. The company reported ($0.08) EPS for the quarter, beating analysts’ consensus estimates of ($0.42) by $0.34. Studio City Ih had a negative return on equity of 9.26% and a negative net margin of 7.79%.The business had revenue of $164.56 million during the quarter, compared to the consensus estimate of $190.12 million. During the same quarter in the prior year, the company posted ($0.02) earnings per share.

Studio City Ih Company Profile

Studio City International Holdings Limited (NYSE: MSC) is a Cayman Islands–incorporated company that develops, owns and operates the Studio City integrated resort on the Cotai Strip in Macau. The business is principally engaged in gaming and non-gaming operations, including hotel accommodations, retail concessions, food and beverage outlets, live entertainment and themed attractions. Studio City is designed to cater to both mass-market and premium gaming customers while also appealing to family and leisure travelers through its entertainment and retail offerings.

The centerpiece of the company’s portfolio is the Studio City resort, which opened in October 2015 and features two landmark hotel towers, more than 1,600 guest rooms and suites, over 160,000 square feet of retail space, a range of dining concepts and convention facilities.