Galaxy Entertainment Group Limited (OTCMKTS:GXYEF) Sees Significant Decrease in Short Interest

Galaxy Entertainment Group Limited (OTCMKTS:GXYEF) saw a large decline in short interest in the month of August. As of August 15th, there was short interest totaling 1,486,500 shares, adeclineof40.8% from the July 31st total of 2,509,600 shares. Based on an average daily volume of 3,800 shares, the days-to-cover ratio is presently 391.2 days. Based on an average daily volume of 3,800 shares, the days-to-cover ratio is presently 391.2 days.

Galaxy Entertainment Group Trading Up 2.7%

OTCMKTS GXYEF traded up $0.14 during trading hours on Monday, hitting $5.34. 162,233 shares of the company were exchanged, compared to its average volume of 14,121. The stock has a 50-day moving average price of $4.77 and a 200 day moving average price of $4.00. Galaxy Entertainment Group has a 52 week low of $3.00 and a 52 week high of $5.66.

About Galaxy Entertainment Group

Galaxy Entertainment Group Limited, an investment holding company, engages in the gaming and entertainment businesses in Macau, Hong Kong, and Mainland China. It operates through Gaming and Entertainment, and Construction Materials segments. The company operates casino games of chance or games of other forms; and provides hospitality and related services.