MGM China Holdings Limited (OTCMKTS:MCHVF) Short Interest Update

MGM China Holdings Limited (OTCMKTS:MCHVF) was the recipient of a large decrease in short interest in March. As of March 15th, there was short interest totalling 7,367,300 shares, a decrease of 29.5% from the February 28th total of 10,449,300 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 73,673.0 days.

MGM China Stock Performance

MCHVF stock remained flat at $1.58 during trading hours on Friday. MGM China has a 1-year low of $1.05 and a 1-year high of $1.80. The company’s fifty day moving average is $1.25 and its 200-day moving average is $1.20.

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.