MGM China Holdings Limited (OTCMKTS:MCHVF) Short Interest Down 29.5% in March

MGM China Holdings Limited (OTCMKTS:MCHVF) was the recipient of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 7,367,300 shares, a decline of 29.5% from the February 28th total of 10,449,300 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 73,673.0 days.

MGM China Stock Performance

MGM China stock remained flat at $1.58 on Tuesday. MGM China has a fifty-two week low of $1.05 and a fifty-two week high of $1.80. The business has a fifty day simple moving average of $1.26 and a two-hundred day simple moving average of $1.21.

MGM China Company Profile

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.