Melco International Development Limited (OTCMKTS:MDEVF - Get Free Report) saw a large decrease in short interest in May. As of May 15th, there was short interest totalling 383,800 shares, a decrease of 62.3% from the April 30th total of 1,017,300 shares. Based on an average daily trading volume, of 700 shares, the days-to-cover ratio is currently 548.3 days. Approximately 0.0% of the company's stock are sold short.
Melco International Development Price Performance
Shares of Melco International Development stock remained flat at $0.55 during trading hours on Monday. The firm has a 50-day moving average price of $0.51 and a 200 day moving average price of $0.56. Melco International Development has a twelve month low of $0.40 and a twelve month high of $0.86. The company has a debt-to-equity ratio of 5.64, a quick ratio of 0.67 and a current ratio of 0.69.
About Melco International Development
(
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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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