Short Interest in MGM China Holdings Limited (OTCMKTS:MCHVF) Grows By 68.0%

MGM China Holdings Limited (OTCMKTS:MCHVF) was the target of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 8,636,800 shares, a growth of 68.0% from the January 31st total of 5,141,000 shares. Based on an average trading volume of 600 shares, the short-interest ratio is currently 14,394.7 days.

MGM China Stock Performance

MGM China stock remained flat at $1.19 during mid-day trading on Tuesday. MGM China has a 52 week low of $1.05 and a 52 week high of $1.80. The company’s fifty day moving average is $1.10 and its 200-day moving average is $1.18.

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.