MGM China Holdings Limited (OTCMKTS:MCHVF) Short Interest Down 77.0% in November

MGM China Holdings Limited (OTCMKTS:MCHVF) saw a significant decline in short interest during the month of November. As of November 15th, there was short interest totalling 2,101,900 shares, a decline of 77.0% from the October 31st total of 9,127,400 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 21,019.0 days.

MGM China Price Performance

OTCMKTS:MCHVF remained flat at $1.05 during trading hours on Wednesday. MGM China has a fifty-two week low of $1.05 and a fifty-two week high of $1.80. The firm’s 50 day simple moving average is $1.28 and its 200 day simple moving average is $1.44.

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.