Galaxy Entertainment Group Limited (OTCMKTS:GXYEF) Short Interest Down 5.2% in September

Galaxy Entertainment Group Limited (OTCMKTS:GXYEF) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totalling 1,911,900 shares, a drop of 5.2% from the August 31st total of 2,016,900 shares. Based on an average daily volume of 1,300 shares, the short-interest ratio is currently 1,470.7 days.

Galaxy Entertainment Group Stock Performance

OTCMKTS:GXYEF traded up $0.23 during mid-day trading on Monday, reaching $5.05. The stock had a trading volume of 5,350 shares, compared to its average volume of 6,575. Galaxy Entertainment Group has a 12 month low of $3.35 and a 12 month high of $5.84. The stock has a 50-day simple moving average of $4.04 and a two-hundred day simple moving average of $4.58.

Galaxy Entertainment Group Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, October 25th. Investors of record on Wednesday, September 25th will be given a dividend of $0.50 per share. The ex-dividend date is Tuesday, September 24th. This represents a dividend yield of 1.71%.

About Galaxy Entertainment Group

Galaxy Entertainment Group Limited, an investment holding company, engages in the gaming and entertainment businesses in Macau, Hong Kong, and Mainland China. It operates through Gaming and Entertainment, and Construction Materials segments. The company operates casino games of chance or games of other forms; and provides hospitality and related services.