Short Interest in Melco International Development Limited (OTCMKTS:MDEVF) Rises By 116.2%

Melco International Development Limited (OTCMKTS:MDEVFGet Free Report) saw a significant increase in short interest in February. As of February 15th, there was short interest totalling 999,300 shares, an increase of 116.2% from the January 31st total of 462,300 shares. Based on an average daily trading volume, of 2,300 shares, the short-interest ratio is presently 434.5 days.

Melco International Development Price Performance

OTCMKTS MDEVF remained flat at $0.55 during trading on Friday. Melco International Development has a 12-month low of $0.48 and a 12-month high of $0.86. The company’s fifty day moving average is $0.57 and its 200 day moving average is $0.60. 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 Company Profile

(Get Free Report)

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.

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