Wynn Macau, Limited – Unsponsored ADR (OTCMKTS:WYNMY) Sees Significant Increase in Short Interest

Wynn Macau, Limited – Unsponsored ADR (OTCMKTS:WYNMY) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 24,500 shares, a growth of 75.0% from the August 15th total of 14,000 shares. Based on an average trading volume of 34,800 shares, the short-interest ratio is presently 0.7 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 34,800 shares, the short-interest ratio is presently 0.7 days.

Wynn Macau Price Performance

Wynn Macau stock opened at $8.76 on Monday. Wynn Macau has a twelve month low of $5.83 and a twelve month high of $9.80. The firm has a 50 day moving average price of $8.46 and a 200-day moving average price of $7.41.

Wynn Macau Cuts Dividend

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

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.