Galaxy Entertainment Group Limited (OTCMKTS:GXYEF) Short Interest Up 42.5% in September

Galaxy Entertainment Group Limited (OTCMKTS:GXYEF) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totalling 2,723,800 shares, a growth of 42.5% from the September 15th total of 1,911,900 shares. Based on an average daily volume of 6,500 shares, the days-to-cover ratio is presently 419.0 days.

Galaxy Entertainment Group Price Performance

Shares of Galaxy Entertainment Group stock remained flat at $5.05 on Friday. Galaxy Entertainment Group has a 52 week low of $3.35 and a 52 week high of $5.84. The firm’s 50-day moving average price is $4.18 and its two-hundred day moving average price is $4.58.

Galaxy Entertainment Group Announces Dividend

The business also recently disclosed a dividend, which will be paid on Friday, October 25th. Shareholders of record on Wednesday, September 25th will be paid a dividend of $0.50 per share. The ex-dividend date is Tuesday, September 24th. This represents a yield of 1.71%.

Galaxy Entertainment Group Company Profile

Galaxy Entertainment Group Limited, an investment holding company, engages in the gaming and entertainment businesses in Macau, Hong Kong, and Mainland China. It operates through Gaming and Entertainment, and Construction Materials segments. The company operates casino games of chance or games of other forms; and provides hospitality and related services.