Short Interest in Wynn Macau, Limited (OTCMKTS:WYNMF) Increases By 27.6%

Wynn Macau, Limited (OTCMKTS:WYNMF) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totalling 15,225,500 shares, an increase of 27.6% from the June 30th total of 11,931,700 shares. Based on an average daily volume of 4,800 shares, the days-to-cover ratio is presently 3,172.0 days.

Wynn Macau Price Performance

Shares of WYNMF stock opened at $0.71 on Tuesday. Wynn Macau has a fifty-two week low of $0.69 and a fifty-two week high of $1.07. The stock’s fifty day moving average price is $0.86 and its two-hundred day moving average price is $0.87.

Analyst Ratings Changes

Separately, Seaport Res Ptn restated a “buy” rating on shares of Wynn Macau in a research report on Sunday, April 14th.

About Wynn Macau

Wynn Macau, Limited engages in the development, ownership, and operation of integrated destination casino resorts in the People's Republic of China. It operates through two segments, Wynn Palace and Wynn Macau. The company offers tables games, slot machines or similar gaming devices; offers 24-hour gaming, and various games comprising private gaming salons and sky casinos; a luxury hotel with guest rooms, suites, and villas; food and beverage outlets; brand-name and retail shopping; recreation and leisure facilities, including a cable car ride through SkyCab, health club, spa, salon, and pool; and a meeting and convention spaces.