MGM China Holdings Limited (OTCMKTS:MCHVF) Short Interest Down 29.5% in March

MGM China Holdings Limited (OTCMKTS:MCHVF) was the target of a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 7,367,300 shares, a drop of 29.5% from the February 28th total of 10,449,300 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 73,673.0 days.

MGM China Stock Performance

OTCMKTS MCHVF remained flat at $1.58 on Tuesday. MGM China has a 1 year low of $1.05 and a 1 year high of $1.80. The stock’s 50 day moving average is $1.26 and its 200 day moving average is $1.21.

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.