Short Interest in Wynn Macau, Limited (OTCMKTS:WYNMY) Rises By 183.3%

Wynn Macau, Limited (OTCMKTS:WYNMY) was the target of a large increase in short interest in March. As of March 15th, there was short interest totalling 28,900 shares, an increase of 183.3% from the February 28th total of 10,200 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 42,400 shares, the short-interest ratio is presently 0.7 days.

Wall Street Analyst Weigh In

Separately, Seaport Res Ptn upgraded Wynn Macau to a “strong-buy” rating in a research report on Friday, February 14th.

Wynn Macau Price Performance

Shares of OTCMKTS WYNMY opened at $7.20 on Thursday. The business has a fifty day moving average of $7.03 and a two-hundred day moving average of $7.29. Wynn Macau has a 52-week low of $6.11 and a 52-week high of $10.79.

Wynn Macau Company Profile

Wynn Macau, Limited, through its subsidiaries, engages in the development, ownership, and operation of integrated destination casino resorts in Macau. The company's Wynn Palace resort features approximately 468,000 square feet of casino space providing 24-hour gaming and various games comprising private gaming salons and sky casinos; a luxury hotel with guest rooms, suites, and villas; and food and beverage outlets.