Wynn Macau, Limited – Unsponsored ADR (OTCMKTS:WYNMY) Short Interest Update

Wynn Macau, Limited – Unsponsored ADR (OTCMKTS:WYNMY) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 1,003 shares, a decrease of 41.3% from the August 15th total of 1,710 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 9,742 shares, the short-interest ratio is currently 0.1 days.

Wynn Macau Price Performance

WYNMY stock opened at $6.55 on Friday. The stock has a 50-day moving average price of $7.12 and a 200-day moving average price of $7.07. Wynn Macau has a 1-year low of $6.26 and a 1-year high of $9.51.

Wall Street Analyst Weigh In

A number of research firms recently commented on WYNMY. The Goldman Sachs Group raised Wynn Macau from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 14th. CLSA lowered shares of Wynn Macau from a “strong-buy” rating to a “moderate buy” rating in a report on Friday, July 10th. Two investment analysts have rated the stock with a Strong Buy rating and one has issued a Buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Strong Buy”.

About Wynn Macau

Wynn Macau Limited is a Macau-based hospitality and gaming company and a subsidiary of Wynn Resorts, Limited. The company develops and operates integrated resort properties that combine casino gaming with luxury accommodations, dining, retail, entertainment and leisure amenities.

Its principal properties are Wynn Macau, located on the Macau Peninsula, and Wynn Palace, located in the Cotai area. The resorts offer gaming facilities, hotel rooms and suites, restaurants, spas, retail outlets, meeting and convention space, and entertainment attractions.