Wynn Macau, Limited (OTCMKTS:WYNMF) Sees Significant Growth in Short Interest

Wynn Macau, Limited (OTCMKTS:WYNMF) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totaling 11,498,000 shares, agrowthof78.3% from the June 30th total of 6,447,500 shares. Based on an average trading volume of 95,100 shares, the days-to-cover ratio is currently 120.9 days. Based on an average trading volume of 95,100 shares, the days-to-cover ratio is currently 120.9 days.

Wynn Macau Stock Performance

OTCMKTS:WYNMF opened at $0.79 on Thursday. The firm has a 50-day moving average price of $0.73 and a two-hundred day moving average price of $0.70. Wynn Macau has a twelve month low of $0.60 and a twelve month high of $0.95.

Wynn Macau Dividend Announcement

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 was Tuesday, May 27th. This represents a dividend yield of 481.0%.

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.