MGM China Holdings Limited (OTCMKTS:MCHVF) Short Interest Down 99.0% in March

MGM China Holdings Limited (OTCMKTS:MCHVF) was the target of a significant decline in short interest in March. As of March 31st, there was short interest totalling 76,500 shares, a decline of 99.0% from the March 15th total of 7,367,300 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 765.0 days.

MGM China Price Performance

Shares of OTCMKTS MCHVF opened at $1.58 on Wednesday. MGM China has a 1 year low of $1.05 and a 1 year high of $1.80. The firm has a fifty day moving average price of $1.40 and a 200-day moving average price of $1.25.

About MGM China

MGM China Holdings Limited, an investment holding company, engages in the development, ownership, and operation of gaming and lodging resorts in the Greater China region. The company develops and operates casino games of chance and other casino games, and related hotel and resort facilities, as well as provides hotel management services; and develops integrated resorts in Macau.