Wynn Macau, Limited (OTCMKTS:WYNMF – Get Free Report) was the target of a significant drop in short interest in May. As of May 31st, there was short interest totalling 8,778,100 shares, a drop of 34.5% from the May 15th total of 13,395,300 shares. Based on an average trading volume of 500 shares, the short-interest ratio is presently 17,556.2 days. Currently, 0.2% of the company’s stock are short sold.
Wynn Macau Price Performance
WYNMF opened at $0.62 on Tuesday. The stock has a fifty day moving average price of $0.66 and a 200 day moving average price of $0.68. Wynn Macau has a 1 year low of $0.60 and a 1 year high of $0.95.
Wynn Macau Announces Dividend
The company also recently declared a dividend, which was paid on Wednesday, June 11th. Stockholders of record on Wednesday, May 28th were issued a dividend of $0.185 per share. The ex-dividend date of this dividend was Tuesday, May 27th. This represents a dividend yield of 4.81%.
About Wynn Macau
Wynn Macau, Limited engages in the development, ownership, and operation of integrated destination casino resorts in the People’s Republic of China. It operates through two segments, Wynn Palace and Wynn Macau. The company offers tables games, slot machines or similar gaming devices; offers 24-hour gaming, and various games comprising private gaming salons and sky casinos; a luxury hotel with guest rooms, suites, and villas; food and beverage outlets; brand-name and retail shopping; recreation and leisure facilities, including a cable car ride through SkyCab, health club, spa, salon, and pool; and a meeting and convention spaces.
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