Galaxy Entertainment Group Limited (OTCMKTS:GXYEF) Short Interest Update

Galaxy Entertainment Group Limited (OTCMKTS:GXYEF) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 1,303,339 shares, a decline of 35.7% from the May 31st total of 2,025,477 shares. Based on an average trading volume of 44,354 shares, the short-interest ratio is currently 29.4 days.

Galaxy Entertainment Group Stock Performance

Shares of OTCMKTS:GXYEF remained flat at $3.74 during mid-day trading on Thursday. 2,784 shares of the company were exchanged, compared to its average volume of 13,655. Galaxy Entertainment Group has a 1 year low of $3.68 and a 1 year high of $5.80. The company has a 50-day moving average price of $4.16 and a 200-day moving average price of $4.76.

Galaxy Entertainment Group Company Profile

Galaxy Entertainment Group is a Hong Kong–incorporated investment holding company with core operations in the gaming and hospitality industry. The company develops and operates integrated resort complexes in the Macau Special Administrative Region, offering casino gaming, luxury hotel accommodations, retail, dining, entertainment and convention facilities under one roof.

Its flagship property, Galaxy Macau on the Cotai Strip, encompasses multiple phases of development, combining mass-market gaming areas, VIP gaming salons, branded hotels such as Banyan Tree and The Ritz-Carlton, and a variety of food and beverage outlets.