MGM China Holdings Limited (OTCMKTS:MCHVF) Sees Large Growth in Short Interest

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

MGM China Price Performance

Shares of OTCMKTS MCHVF traded up $0.21 during mid-day trading on Tuesday, reaching $1.58. The company had a trading volume of 300 shares, compared to its average volume of 2,314. The stock has a fifty day moving average of $1.15 and a two-hundred day moving average of $1.17. MGM China has a 12-month low of $1.05 and a 12-month high of $1.80.

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.