The Star Entertainment Group Limited (OTCMKTS:EHGRF) Sees Large Growth in Short Interest

The Star Entertainment Group Limited (OTCMKTS:EHGRF) saw a large increase in short interest in February. As of February 27th, there was short interest totaling 6,590,784 shares, an increase of 114.5% from the February 12th total of 3,072,715 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

The Star Entertainment Group Price Performance

OTCMKTS EHGRF opened at $0.12 on Friday. The Star Entertainment Group has a 12 month low of $0.05 and a 12 month high of $0.13. The stock has a 50 day moving average of $0.12 and a 200-day moving average of $0.09.

About The Star Entertainment Group

The Star Entertainment Group (OTCMKTS:EHGRF) is an Australian-based integrated resort operator that develops, owns and manages gaming and entertainment venues. The company’s principal properties include The Star Sydney in New South Wales, The Star Gold Coast in Queensland and Treasury Brisbane in Queensland. Through these venues, The Star offers casino gaming, hospitality, dining, live entertainment, convention and event facilities, as well as luxury accommodation.

Founded in 2011 as Echo Entertainment Group following a spin-off of Tabcorp’s casino assets, the company rebranded to The Star Entertainment Group in 2015 to unify its flagship resorts under a single identity.