MGM China Holdings Limited (OTCMKTS:MCHVF) Short Interest Update

MGM China Holdings Limited (OTCMKTS:MCHVF) was the target of a large growth in short interest in May. As of May 15th, there was short interest totalling 1,120,800 shares, a growth of 1,329.6% from the April 30th total of 78,400 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 11,208.0 days.

MGM China Price Performance

Shares of OTCMKTS MCHVF opened at $1.58 on Friday. MGM China has a 1 year low of $1.05 and a 1 year high of $1.80. The firm’s 50-day moving average is $1.58 and its 200-day moving average is $1.29.

About MGM China

MGM China Holdings Limited, an investment holding company, engages in the development, ownership, and operation of gaming and lodging resorts in the Greater China region. The company develops and operates casino games of chance and other casino games, and related hotel and resort facilities, as well as provides hotel management services; and develops integrated resorts in Macau.