Short Interest in MGM China Holdings Limited (OTCMKTS:MCHVF) Grows By 21.0%

MGM China Holdings Limited (OTCMKTS:MCHVF) was the target of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 10,449,300 shares, an increase of 21.0% from the February 13th total of 8,636,800 shares. Based on an average daily volume of 2,800 shares, the days-to-cover ratio is presently 3,731.9 days.

MGM China Stock Performance

MCHVF stock opened at $1.58 on Thursday. MGM China has a fifty-two week low of $1.05 and a fifty-two week high of $1.80. The business has a 50 day moving average price of $1.18 and a 200 day moving average price of $1.18.

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.