MGM China Holdings Limited (OTCMKTS:MCHVF) Short Interest Up 133.7% in May

MGM China Holdings Limited (OTCMKTS:MCHVF) was the recipient of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 5,260,400 shares, a growth of 133.7% from the May 15th total of 2,251,100 shares. Based on an average trading volume of 400 shares, the short-interest ratio is currently 13,151.0 days.

MGM China Price Performance

Shares of OTCMKTS:MCHVF remained flat at $1.80 during trading on Friday. MGM China has a 12-month low of $0.99 and a 12-month high of $1.80. The firm’s 50-day simple moving average is $1.75 and its two-hundred day simple moving average is $1.51.

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.