Studio City International Holdings Limited (NYSE:MSC) Short Interest Update

Studio City International Holdings Limited (NYSE:MSC) was the recipient of a large decline in short interest in the month of March. As of March 31st, there was short interest totalling 700 shares, a decline of 76.7% from the March 15th total of 3,000 shares. Based on an average daily trading volume, of 11,900 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Studio City International Trading Down 2.6 %

NYSE MSC opened at $3.14 on Thursday. The company has a debt-to-equity ratio of 3.19, a current ratio of 1.01 and a quick ratio of 0.97. The stock has a market capitalization of $660.59 million, a P/E ratio of -6.82 and a beta of -0.35. The firm’s 50-day moving average is $3.60 and its two-hundred day moving average is $5.18. Studio City International has a 12 month low of $2.30 and a 12 month high of $9.30.

Studio City International (NYSE:MSC) last issued its quarterly earnings data on Thursday, February 27th. The company reported ($0.14) EPS for the quarter. Studio City International had a negative return on equity of 12.84% and a negative net margin of 14.46%. The company had revenue of $152.86 million during the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Studio City International stock. Invesco Ltd. acquired a new stake in Studio City International Holdings Limited (NYSE:MSC) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 25,000 shares of the company’s stock, valued at approximately $141,000.

Studio City International Company Profile

Studio City International Holdings Limited operates an entertainment resort in Macau. It operates Studio City Casino, comprising gaming tables, including tables for VIP rolling chip operations and gaming machines; and resort, which offers various non-gaming attractions, including figure-8 ferris wheel, night club and karaoke venue, live performance arena, and an outdoor and indoor water park, as well as hotel rooms and various food and beverage establishments, and retail space.