Genting Singapore Limited (OTCMKTS:GIGNY) Sees Large Drop in Short Interest

Genting Singapore Limited (OTCMKTS:GIGNYGet Free Report) was the target of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 9 shares, a decrease of 96.3% from the August 15th total of 243 shares. Based on an average trading volume of 99 shares, the days-to-cover ratio is currently 0.1 days.

Genting Singapore Price Performance

GIGNY stock remained flat at $25.14 during trading on Friday. The company had a trading volume of 1 shares, compared to its average volume of 710. The firm’s 50-day moving average price is $24.42 and its 200-day moving average price is $24.76. Genting Singapore has a 12-month low of $20.90 and a 12-month high of $32.47.

Genting Singapore Company Profile

(Get Free Report)

Genting Singapore PLC is a leading integrated resort developer and operator headquartered in Singapore. A subsidiary of Malaysia’s Genting Berhad, the company focuses on the development, management and operation of large‐scale leisure and hospitality projects. Its flagship property, Resorts World Sentosa, exemplifies its expertise in combining gaming, hospitality, entertainment and retail under a single resort complex.

Resorts World Sentosa features a casino, multiple luxury hotels, convention facilities and themed attractions including Universal Studios Singapore, S.E.A.

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