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

Wynn Macau, Limited – Unsponsored ADR (OTCMKTS:WYNMY) saw a significant drop in short interest in May. As of May 31st, there was short interest totalling 12,400 shares, a drop of 27.1% from the May 15th total of 17,000 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 36,700 shares, the short-interest ratio is currently 0.3 days.

Wynn Macau Stock Down 1.0%

OTCMKTS WYNMY opened at $6.46 on Thursday. The firm’s fifty day moving average price is $6.72 and its 200 day moving average price is $6.92. Wynn Macau has a 12 month low of $5.83 and a 12 month high of $9.80.

Wynn Macau Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, June 26th. Shareholders of record on Thursday, May 29th will be paid a $0.2015 dividend. The ex-dividend date is Wednesday, May 28th. This represents a yield of 4.2%. This is a boost from Wynn Macau’s previous dividend of $0.08.

Analysts Set New Price Targets

Separately, UBS Group cut Wynn Macau from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 30th.

Wynn Macau Company Profile

Wynn Macau, Limited, through its subsidiaries, engages in the development, ownership, and operation of integrated destination casino resorts in Macau. The company's Wynn Palace resort features approximately 468,000 square feet of casino space providing 24-hour gaming and various games comprising private gaming salons and sky casinos; a luxury hotel with guest rooms, suites, and villas; and food and beverage outlets.