MGM China Holdings Limited (OTCMKTS:MCHVF) Short Interest Down 29.5% in March

MGM China Holdings Limited (OTCMKTS:MCHVF) saw a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 7,367,300 shares, a decline of 29.5% from the February 28th total of 10,449,300 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 73,673.0 days.

MGM China Price Performance

OTCMKTS:MCHVF remained flat at $1.58 during trading hours on Monday. The company’s fifty day moving average price is $1.25 and its 200-day moving average price is $1.20. MGM China has a one year low of $1.05 and a one year high of $1.80.

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.