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 December. As of December 31st, there was short interest totaling 696 shares, a drop of 43.2% from the December 15th total of 1,225 shares. Based on an average daily trading volume, of 10,094 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 10,094 shares, the short-interest ratio is presently 0.1 days.

Wynn Macau Price Performance

Wynn Macau stock opened at $7.45 on Thursday. The firm has a fifty day simple moving average of $8.03 and a two-hundred day simple moving average of $8.34. Wynn Macau has a twelve month low of $5.83 and a twelve month high of $9.80.

Analyst Upgrades and Downgrades

Separately, Citigroup upgraded shares of Wynn Macau from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 14th. Two analysts have rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Wynn Macau has an average rating of “Buy”.

About Wynn Macau

Wynn Macau Limited, trading as an American depositary receipt on the OTC Markets under the symbol WYNMY, is an operator of luxury integrated resorts in the Macau Special Administrative Region of the People’s Republic of China. As a subsidiary of Wynn Resorts, the company develops, owns and operates two world-class properties—Wynn Macau on the Macau Peninsula and Wynn Palace on Cotai—each offering a blend of gaming, hospitality and entertainment amenities.

The core of Wynn Macau’s business is gaming, with a focus on high-end table games and electronic gaming machines that cater to premium mass and VIP clientele.