Diamondhead Casino Co. (OTCMKTS:DHCC) Sees Significant Increase in Short Interest

Diamondhead Casino Co. (OTCMKTS:DHCC) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totalling 1,300 shares, an increase of 85.7% from the June 15th total of 700 shares. Based on an average daily volume of 25,300 shares, the days-to-cover ratio is presently 0.1 days.

Diamondhead Casino Stock Performance

Shares of OTCMKTS DHCC traded down $0.01 during trading hours on Friday, hitting $0.20. 716 shares of the company traded hands, compared to its average volume of 9,096. The company’s 50 day moving average price is $0.19 and its 200 day moving average price is $0.18. Diamondhead Casino has a 12 month low of $0.06 and a 12 month high of $0.45.

About Diamondhead Casino

Diamondhead Casino Corporation does not have significant operations. It intends to construct a casino resort and other amenities in Mississippi. The company was formerly known as Europa Cruises Corporation and changed its name to Diamondhead Casino Corporation in November 2002. Diamondhead Casino Corporation was incorporated in 1988 and is based in Alexandria, Virginia.