The Star Entertainment Group Limited (OTCMKTS:EHGRF) Short Interest Up 63.5% in December

The Star Entertainment Group Limited (OTCMKTS:EHGRF) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 1,112,000 shares, an increase of 63.5% from the December 15th total of 680,300 shares. Based on an average daily trading volume, of 1,376,100 shares, the short-interest ratio is currently 0.8 days.

The Star Entertainment Group Price Performance

OTCMKTS:EHGRF remained flat at $0.12 during midday trading on Friday. The Star Entertainment Group has a fifty-two week low of $0.10 and a fifty-two week high of $0.18. The firm’s 50 day simple moving average is $0.22 and its 200 day simple moving average is $0.31.

About The Star Entertainment Group

The Star Entertainment Group Limited operates and manages integrated resorts in Australia. It operates through three segments: Sydney, Gold Coast, and Brisbane. The company owns and operates The Star Sydney, The Star Gold Coast, and Treasury Brisbane casinos, which include hotels, restaurants, bars, theatres, and other entertainment facilities.