MGM China Holdings Limited (OTCMKTS:MCHVY) Short Interest Down 31.6% in February

MGM China Holdings Limited (OTCMKTS:MCHVY) was the target of a significant drop in short interest in February. As of February 28th, there was short interest totalling 1,300 shares, a drop of 31.6% from the February 13th total of 1,900 shares. Based on an average daily volume of 200 shares, the short-interest ratio is presently 6.5 days.

MGM China Stock Performance

OTCMKTS:MCHVY remained flat at $16.15 during mid-day trading on Monday. The company had a trading volume of 33 shares, compared to its average volume of 246. MGM China has a fifty-two week low of $14.40 and a fifty-two week high of $21.26. The business has a fifty day simple moving average of $16.19 and a 200 day simple moving average of $15.97.

MGM China Company Profile

MGM China Holdings Limited, an investment holding company, engages in the development, ownership, and operation of gaming and lodging resorts in the Greater China region. The company develops and operates casino games of chance and other casino games, and related hotel and resort facilities, as well as provides hotel management services; and develops integrated resorts in Macau.