Wynn Macau, Limited - Unsponsored ADR (OTCMKTS:WYNMY - Get Free Report) saw a significant decline in short interest in 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 daily volume of 36,700 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the company's stock are short sold.
Wynn Macau Trading Up 0.5%
OTCMKTS:WYNMY opened at $6.52 on Wednesday. Wynn Macau has a one year low of $5.83 and a one year high of $9.80. The business's 50-day simple moving average is $6.71 and its 200 day simple moving average is $6.92.
Wynn Macau Increases Dividend
The firm also recently declared a dividend, which will be paid on Thursday, June 26th. Investors of record on Thursday, May 29th will be paid a $0.2015 dividend. This is a boost from Wynn Macau's previous dividend of $0.08. The ex-dividend date of this dividend is Wednesday, May 28th. This represents a dividend yield of 4.2%.
Analyst Upgrades and Downgrades
Separately, UBS Group cut Wynn Macau from a "hold" rating to a "strong sell" rating in a research note on Wednesday, April 30th.
Get Our Latest Stock Report on WYNMY
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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