Melco International Development Limited (OTCMKTS:MDEVF) Short Interest Up 40.4% in January

Melco International Development Limited (OTCMKTS:MDEVF) was the recipient of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 462,300 shares, an increase of 40.4% from the January 15th total of 329,300 shares. Based on an average daily volume of 4,700 shares, the days-to-cover ratio is currently 98.4 days.

Melco International Development Trading Up 0.9 %

MDEVF stock traded up $0.00 during midday trading on Friday, reaching $0.54. The stock had a trading volume of 1,500 shares, compared to its average volume of 1,425. The business has a fifty day simple moving average of $0.59 and a two-hundred day simple moving average of $0.61. The company has a debt-to-equity ratio of 5.64, a current ratio of 0.69 and a quick ratio of 0.67. Melco International Development has a twelve month low of $0.48 and a twelve month high of $0.86.

Melco International Development Company Profile

Melco International Development Limited, an investment holding company, engages in the leisure and entertainment business in Macau, the Philippines, Cyprus, and Japan. It operates in two segments: Casino and Hospitality, and Others. The company develops, owns, and operates a network of casino gaming and entertainment casino resorts.