Short Interest in Studio City Ih (NYSE:MSC) Declines By 73.1%

Studio City Ih (NYSE:MSC) was the recipient of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 1,371 shares, a decrease of 73.1% from the April 30th total of 5,106 shares. Based on an average daily volume of 11,170 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Studio City Ih Stock Down 1.0%

Shares of MSC traded down $0.02 during midday trading on Friday, hitting $2.32. 631 shares of the company’s stock traded hands, compared to its average volume of 5,994. Studio City Ih has a 1 year low of $2.10 and a 1 year high of $6.63. The firm’s fifty day moving average is $2.59 and its 200-day moving average is $3.06. The company has a current ratio of 0.23, a quick ratio of 0.21 and a debt-to-equity ratio of 3.03. The stock has a market capitalization of $488.03 million, a price-to-earnings ratio of -10.53 and a beta of 0.09.

Studio City Ih (NYSE:MSC) last issued its quarterly earnings data on Tuesday, March 31st. The company reported $0.00 EPS for the quarter. The firm had revenue of $176.72 million during the quarter. Studio City Ih had a negative return on equity of 6.90% and a negative net margin of 5.68%.

Studio City Ih Company Profile

Studio City International Holdings Limited (NYSE: MSC) is a Cayman Islands–incorporated company that develops, owns and operates the Studio City integrated resort on the Cotai Strip in Macau. The business is principally engaged in gaming and non-gaming operations, including hotel accommodations, retail concessions, food and beverage outlets, live entertainment and themed attractions. Studio City is designed to cater to both mass-market and premium gaming customers while also appealing to family and leisure travelers through its entertainment and retail offerings.

The centerpiece of the company’s portfolio is the Studio City resort, which opened in October 2015 and features two landmark hotel towers, more than 1,600 guest rooms and suites, over 160,000 square feet of retail space, a range of dining concepts and convention facilities.