MGM China Holdings Limited (OTCMKTS:MCHVY) Short Interest Down 14.1% in January

MGM China Holdings Limited (OTCMKTS:MCHVY) was the target of a significant decrease in short interest in January. As of January 30th, there was short interest totaling 79 shares, a decrease of 14.1% from the January 15th total of 92 shares. Based on an average daily volume of 106 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily volume of 106 shares, the days-to-cover ratio is presently 0.7 days.

MGM China Stock Performance

MGM China stock opened at $19.50 on Thursday. MGM China has a twelve month low of $14.17 and a twelve month high of $24.13. The firm’s 50 day moving average price is $20.34 and its two-hundred day moving average price is $21.61.

MGM China Company Profile

MGM China Holdings Limited is a developer and operator of luxury integrated resorts in the Macau Special Administrative Region of China. The company’s core business encompasses casino gaming, hospitality, entertainment, retail and convention services. Through its flagship properties, MGM China offers a full spectrum of experiences, ranging from high-end gaming salons and mass-market gaming tables to fine dining venues, world-class entertainment shows and upscale retail boutiques.

MGM China’s portfolio includes two major integrated resorts: MGM Macau, located on the Macau Peninsula, and MGM Cotai, situated in the Cotai resort zone.