Short Interest in MGM China Holdings Limited (OTCMKTS:MCHVF) Decreases By 39.7%

MGM China Holdings Limited (OTCMKTS:MCHVF) was the target of a large decrease in short interest in October. As of October 31st, there was short interest totalling 9,127,400 shares, a decrease of 39.7% from the October 15th total of 15,132,300 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

MGM China Price Performance

Shares of OTCMKTS:MCHVF opened at $1.05 on Friday. MGM China has a 1 year low of $1.05 and a 1 year high of $1.80. The stock’s fifty day moving average price is $1.29 and its 200-day moving average price is $1.48.

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.