Wynn Macau, Limited (OTCMKTS:WYNMF) Sees Significant Decrease in Short Interest

Wynn Macau, Limited (OTCMKTS:WYNMF) was the recipient of a significant decline in short interest in October. As of October 31st, there was short interest totalling 14,786,100 shares, a decline of 28.2% from the October 15th total of 20,583,800 shares. Based on an average daily trading volume, of 3,100 shares, the days-to-cover ratio is presently 4,769.7 days.

Wynn Macau Price Performance

Shares of WYNMF stock opened at $0.72 on Friday. Wynn Macau has a 1-year low of $0.60 and a 1-year high of $1.05. The business’s fifty day moving average price is $0.77 and its 200 day moving average price is $0.81.

Wynn Macau Company Profile

Wynn Macau, Limited engages in the development, ownership, and operation of integrated destination casino resorts in the People’s Republic of China. It operates through two segments, Wynn Palace and Wynn Macau. The company offers tables games, slot machines or similar gaming devices; offers 24-hour gaming, and various games comprising private gaming salons and sky casinos; a luxury hotel with guest rooms, suites, and villas; food and beverage outlets; brand-name and retail shopping; recreation and leisure facilities, including a cable car ride through SkyCab, health club, spa, salon, and pool; and a meeting and convention spaces.