Wynn Macau, Limited (OTCMKTS:WYNMY - Get Free Report) saw a significant growth in short interest in May. As of May 15th, there was short interest totalling 17,000 shares, a growth of 608.3% from the April 30th total of 2,400 shares. Based on an average trading volume of 16,400 shares, the short-interest ratio is presently 1.0 days. Approximately 0.0% of the company's stock are short sold.
Analyst Ratings Changes
Several analysts recently issued reports on WYNMY shares. UBS Group downgraded shares of Wynn Macau from a "hold" rating to a "strong sell" rating in a report on Wednesday, April 30th. Seaport Res Ptn upgraded shares of Wynn Macau to a "strong-buy" rating in a research note on Friday, February 14th.
View Our Latest Stock Analysis on WYNMY
Wynn Macau Trading Down 1.6%
Shares of Wynn Macau stock traded down $0.11 during mid-day trading on Friday, reaching $6.66. 84,246 shares of the stock were exchanged, compared to its average volume of 23,342. The firm has a 50-day simple moving average of $6.74 and a 200 day simple moving average of $6.98. Wynn Macau has a fifty-two week low of $5.83 and a fifty-two week high of $9.86.
Wynn Macau Increases Dividend
The business also recently disclosed a dividend, which will be paid on Thursday, June 26th. Shareholders of record on Thursday, May 29th will be issued a dividend of $0.2015 per share. The ex-dividend date of this dividend is Wednesday, May 28th. This represents a yield of 4.2%. This is a positive change from Wynn Macau's previous dividend of $0.08.
Wynn Macau Company Profile
(
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Wynn Macau, Limited, through its subsidiaries, engages in the development, ownership, and operation of integrated destination casino resorts in Macau. The company's Wynn Palace resort features approximately 468,000 square feet of casino space providing 24-hour gaming and various games comprising private gaming salons and sky casinos; a luxury hotel with guest rooms, suites, and villas; and food and beverage outlets.
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