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Wynn Macau, Limited (OTCMKTS:WYNMF) Short Interest Down 34.5% in May

Wynn Macau logo with Consumer Discretionary background

Wynn Macau, Limited (OTCMKTS:WYNMF - Get Free Report) was the recipient of a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 8,778,100 shares, a decrease of 34.5% from the May 15th total of 13,395,300 shares. Approximately 0.2% of the company's stock are short sold. Based on an average daily trading volume, of 500 shares, the days-to-cover ratio is presently 17,556.2 days.

Wynn Macau Trading Up 2.6%

OTCMKTS WYNMF traded up $0.02 during trading hours on Friday, reaching $0.64. 2,000 shares of the company's stock traded hands, compared to its average volume of 8,230. Wynn Macau has a 52-week low of $0.60 and a 52-week high of $0.95. The firm has a 50-day simple moving average of $0.66 and a 200 day simple moving average of $0.68.

Wynn Macau Announces Dividend

The company also recently declared a dividend, which was paid on Wednesday, June 11th. Investors of record on Wednesday, May 28th were given a $0.185 dividend. The ex-dividend date of this dividend was Tuesday, May 27th. This represents a dividend yield of 4.81%.

Wynn Macau Company Profile

(Get Free Report)

Wynn Macau, Limited engages in the development, ownership, and operation of integrated destination casino resorts in the People's Republic of China. It operates through two segments, Wynn Palace and Wynn Macau. The company offers tables games, slot machines or similar gaming devices; offers 24-hour gaming, and various games comprising private gaming salons and sky casinos; a luxury hotel with guest rooms, suites, and villas; food and beverage outlets; brand-name and retail shopping; recreation and leisure facilities, including a cable car ride through SkyCab, health club, spa, salon, and pool; and a meeting and convention spaces.

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