Melco International Development Limited (OTCMKTS:MDEVF – Get Free Report) saw a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 462,300 shares, an increase of 40.4% from the January 15th total of 329,300 shares. Based on an average daily trading volume, of 4,700 shares, the days-to-cover ratio is presently 98.4 days.
Melco International Development Stock Up 0.9 %
MDEVF traded up $0.00 during trading hours on Friday, reaching $0.54. The company’s stock had a trading volume of 1,500 shares, compared to its average volume of 1,425. Melco International Development has a 52 week low of $0.48 and a 52 week high of $0.86. The company’s 50-day moving average is $0.59 and its 200-day moving average is $0.61. The company has a quick ratio of 0.67, a current ratio of 0.69 and a debt-to-equity ratio of 5.64.
About Melco International Development
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