Short Interest in The Star Entertainment Group Limited (OTCMKTS:EHGRF) Grows By 13.5%

The Star Entertainment Group Limited (OTCMKTS:EHGRF) was the target of a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 2,227,200 shares, an increase of 13.5% from the January 15th total of 1,961,500 shares. Based on an average daily volume of 7,600 shares, the short-interest ratio is currently 293.1 days.

The Star Entertainment Group Price Performance

Shares of OTCMKTS EHGRF remained flat at $0.11 during mid-day trading on Friday. The company’s 50-day moving average price is $0.13 and its two-hundred day moving average price is $0.28. The Star Entertainment Group has a 1-year low of $0.06 and a 1-year high of $0.18.

The Star Entertainment Group Company Profile

The Star Entertainment Group Limited operates and manages integrated resorts in Australia. It operates through three segments: Sydney, Gold Coast, and Brisbane. The company owns and operates The Star Sydney, The Star Gold Coast, and Treasury Brisbane casinos, which include hotels, restaurants, bars, theatres, and other entertainment facilities.