Melco International Development Limited (OTCMKTS:MDEVF – Get Free Report) was the target of a large increase in short interest in February. As of February 15th, there was short interest totalling 999,300 shares, an increase of 116.2% from the January 31st total of 462,300 shares. Based on an average trading volume of 2,300 shares, the short-interest ratio is currently 434.5 days.
Melco International Development Price Performance
Shares of OTCMKTS:MDEVF remained flat at $0.55 during midday trading on Friday. Melco International Development has a fifty-two week low of $0.48 and a fifty-two week high of $0.86. The company has a quick ratio of 0.67, a current ratio of 0.69 and a debt-to-equity ratio of 5.64. The company’s 50 day moving average price is $0.57 and its 200-day moving average price is $0.60.
Melco International Development Company Profile
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