Melco International Development Limited (OTCMKTS:MDEVF) Short Interest Update

Melco International Development Limited (OTCMKTS:MDEVFGet 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

(Get Free Report)

Melco International Development Limited, an investment holding company, engages in the leisure and entertainment business in Macau, the Philippines, Cyprus, and Japan. It operates in two segments: Casino and Hospitality, and Others. The company develops, owns, and operates a network of casino gaming and entertainment casino resorts.

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