Short Interest in MGM China Holdings Limited (OTCMKTS:MCHVF) Grows By 146.2%

MGM China Holdings Limited (OTCMKTS:MCHVF) was the recipient of a significant growth in short interest in November. As of November 30th, there was short interest totalling 5,175,600 shares, a growth of 146.2% from the November 15th total of 2,101,900 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

MGM China Price Performance

Shares of OTCMKTS:MCHVF remained flat at $1.05 on Friday. MGM China has a 1-year low of $1.05 and a 1-year high of $1.80. The company’s 50-day moving average is $1.26 and its 200 day moving average is $1.38.

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.