Short Interest in MGM China Holdings Limited (OTCMKTS:MCHVF) Decreases By 17.5%

MGM China Holdings Limited (OTCMKTS:MCHVF) was the recipient of a significant drop in short interest in the month of June. As of June 15th, there was short interest totalling 4,340,400 shares, a drop of 17.5% from the May 31st total of 5,260,400 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

MGM China Stock Down 13.9 %

Shares of OTCMKTS:MCHVF traded down $0.25 during mid-day trading on Tuesday, hitting $1.55. 325 shares of the company traded hands, compared to its average volume of 2,313. MGM China has a 12-month low of $1.11 and a 12-month high of $1.80. The stock has a 50-day moving average price of $1.77 and a two-hundred day moving average price of $1.55.

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.