Galaxy Entertainment Group Limited (OTCMKTS:GXYEF) Sees Significant Increase in Short Interest

Galaxy Entertainment Group Limited (OTCMKTS:GXYEF) saw a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 3,353,200 shares, a growth of 16.9% from the February 13th total of 2,868,300 shares. Based on an average daily trading volume, of 6,200 shares, the days-to-cover ratio is presently 540.8 days.

Galaxy Entertainment Group Price Performance

GXYEF remained flat at $3.74 during trading on Wednesday. Galaxy Entertainment Group has a 12 month low of $3.35 and a 12 month high of $5.66. The business’s fifty day moving average is $3.89 and its two-hundred day moving average is $4.19.

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.