Wynn Macau, Limited – Unsponsored ADR (OTCMKTS:WYNMY) Short Interest Up 84.2% in August

Wynn Macau, Limited – Unsponsored ADR (OTCMKTS:WYNMY) was the target of a large growth in short interest during the month of August. As of August 15th, there was short interest totaling 14,000 shares, agrowthof84.2% from the July 31st total of 7,600 shares. Based on an average trading volume of 23,800 shares, the days-to-cover ratio is currently 0.6 days. Based on an average trading volume of 23,800 shares, the days-to-cover ratio is currently 0.6 days.

Wynn Macau Stock Performance

Shares of OTCMKTS WYNMY opened at $8.47 on Friday. The stock’s fifty day simple moving average is $8.34 and its 200 day simple moving average is $7.34. Wynn Macau has a 52-week low of $5.83 and a 52-week high of $9.80.

Wynn Macau Cuts Dividend

The business also recently announced a dividend, which will be paid on Wednesday, October 1st. Investors of record on Friday, September 5th will be issued a $0.2013 dividend. This represents a dividend yield of 417.0%. The ex-dividend date is Thursday, September 4th.

About Wynn Macau

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.