Studio City Ih (NYSE:MSC) Sees Large Decrease in Short Interest

Studio City Ih (NYSE:MSC - Get Free Report) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totaling 5,700 shares, a decline of 33.7% from the August 31st total of 8,600 shares. Based on an average trading volume of 21,500 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 21,500 shares, the short-interest ratio is presently 0.3 days.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a "sell (d-)" rating on shares of Studio City Ih in a report on Saturday, September 27th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Studio City Ih presently has an average rating of "Sell".

Studio City Ih Price Performance

MSC stock opened at $3.93 on Monday. The company has a market cap of $828.13 million, a P/E ratio of -11.23 and a beta of -0.14. Studio City Ih has a 52 week low of $2.30 and a 52 week high of $8.19. The company's 50-day moving average price is $4.41 and its 200 day moving average price is $3.79. The company has a current ratio of 0.96, a quick ratio of 0.92 and a debt-to-equity ratio of 3.62.

About Studio City Ih

Studio City International Holdings Limited operates an entertainment resort in Macau. It operates Studio City Casino, comprising gaming tables, including tables for VIP rolling chip operations and gaming machines; and resort, which offers various non-gaming attractions, including figure-8 ferris wheel, night club and karaoke venue, live performance arena, and an outdoor and indoor water park, as well as hotel rooms and various food and beverage establishments, and retail space.

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