MGM China Holdings Limited (OTCMKTS:MCHVF) Short Interest Down 17.5% in June

MGM China Holdings Limited (OTCMKTS:MCHVF) was the recipient of a significant drop in short interest during 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 currently ∞ days.

MGM China Stock Performance

OTCMKTS MCHVF traded down $0.25 during trading hours on Tuesday, reaching $1.55. The company’s stock had a trading volume of 325 shares, compared to its average volume of 2,313. MGM China has a 52 week low of $1.11 and a 52 week high of $1.80. The business has a 50-day simple moving average of $1.77 and a 200 day simple moving average 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.