Wynn Macau, Limited - Unsponsored ADR (OTCMKTS:WYNMY) Sees Large Increase in Short Interest

Key Points

• Wynn Macau, Limited experienced a significant increase in short interest, soaring by 843.8% in September from 1,600 shares to 15,100 shares.
• The company's stock price increased by 2.2% to $8.32, with a trading volume of 1,349 shares compared to the average of 22,053 shares.
• Wynn Macau recently cut its dividend, paying stockholders of record a dividend of $0.2013, which reflects a yield of 417.0%.

Wynn Macau, Limited - Unsponsored ADR (OTCMKTS:WYNMY - ) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 15,100 shares, a growth of 843.8% from the September 15th total of 1,600 shares. Based on an average daily trading volume, of 22,900 shares, the short-interest ratio is presently 0.7 days. Based on an average daily trading volume, of 22,900 shares, the short-interest ratio is presently 0.7 days.

Wynn Macau Stock Up 2.2%

WYNMY traded up $0.18 during midday trading on Thursday, reaching $8.32. The company had a trading volume of 1,349 shares, compared to its average volume of 22,053. Wynn Macau has a 12-month low of $5.83 and a 12-month high of $9.80. The business has a 50-day moving average price of $8.67 and a two-hundred day moving average price of $7.65.

Wynn Macau Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, October 1st. Stockholders of record on Friday, September 5th were given a $0.2013 dividend. This represents a dividend yield of 417.0%. The ex-dividend date was Thursday, September 4th.

Wynn Macau Company Profile

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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