Wynn Macau, Limited (OTCMKTS:WYNMY) Sees Large Decrease in Short Interest

Wynn Macau, Limited (OTCMKTS:WYNMY) was the target of a significant drop in short interest in February. As of February 15th, there was short interest totalling 1,600 shares, a drop of 92.1% from the January 31st total of 20,300 shares. Based on an average trading volume of 57,500 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analyst Weigh In

Separately, Seaport Res Ptn upgraded Wynn Macau to a “strong-buy” rating in a report on Friday, February 14th.

Wynn Macau Stock Performance

OTCMKTS WYNMY opened at $6.94 on Friday. Wynn Macau has a fifty-two week low of $6.11 and a fifty-two week high of $10.79. The stock’s 50-day moving average is $6.92 and its two-hundred day moving average is $7.24.

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.