Wynn Macau, Limited - Unsponsored ADR (OTCMKTS:WYNMY - Get Free Report) saw a significant decline in short interest during the month of May. As of May 31st, there was short interest totalling 12,400 shares, a decline of 27.1% from the May 15th total of 17,000 shares. Based on an average trading volume of 36,700 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company's shares are short sold.
Wynn Macau Trading Down 1.9%
OTCMKTS WYNMY traded down $0.12 on Friday, reaching $6.34. The company had a trading volume of 975 shares, compared to its average volume of 29,616. The stock's 50 day moving average is $6.71 and its 200-day moving average is $6.90. Wynn Macau has a 52 week low of $5.83 and a 52 week high of $9.80.
Wynn Macau Increases Dividend
The business also recently disclosed a dividend, which will be paid on Thursday, June 26th. Investors of record on Thursday, May 29th will be issued a $0.2015 dividend. This represents a yield of 4.2%. The ex-dividend date of this dividend is Wednesday, May 28th. This is an increase from Wynn Macau's previous dividend of $0.08.
Wall Street Analyst Weigh In
Separately, UBS Group downgraded Wynn Macau from a "hold" rating to a "strong sell" rating in a research report on Wednesday, April 30th.
View Our Latest Report on Wynn Macau
Wynn Macau Company Profile
(
Get Free Report)
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.
Featured Articles
Before you consider Wynn Macau, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Wynn Macau wasn't on the list.
While Wynn Macau currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
