Short Interest in Wynn Macau, Limited – Unsponsored ADR (OTCMKTS:WYNMY) Decreases By 43.2%

Wynn Macau, Limited – Unsponsored ADR (OTCMKTS:WYNMY) saw a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 696 shares, a drop of 43.2% from the December 15th total of 1,225 shares. Based on an average daily volume of 10,094 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 10,094 shares, the short-interest ratio is presently 0.1 days.

Analysts Set New Price Targets

Separately, Citigroup raised Wynn Macau from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 14th. Two analysts have rated the stock with a Strong Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Wynn Macau has a consensus rating of “Buy”.

Wynn Macau Trading Down 2.7%

Shares of WYNMY opened at $7.27 on Friday. Wynn Macau has a 52 week low of $5.83 and a 52 week high of $9.80. The stock has a fifty day moving average of $7.99 and a 200-day moving average of $8.33.

About Wynn Macau

Wynn Macau Limited, trading as an American depositary receipt on the OTC Markets under the symbol WYNMY, is an operator of luxury integrated resorts in the Macau Special Administrative Region of the People’s Republic of China. As a subsidiary of Wynn Resorts, the company develops, owns and operates two world-class properties—Wynn Macau on the Macau Peninsula and Wynn Palace on Cotai—each offering a blend of gaming, hospitality and entertainment amenities.

The core of Wynn Macau’s business is gaming, with a focus on high-end table games and electronic gaming machines that cater to premium mass and VIP clientele.