Melco International Development Limited (OTCMKTS:MDEVF - Get Free Report) was the target of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 462,300 shares, an increase of 40.4% from the January 15th total of 329,300 shares. Based on an average daily trading volume, of 4,700 shares, the short-interest ratio is currently 98.4 days.
Melco International Development Price Performance
Shares of MDEVF stock remained flat at $0.55 during mid-day trading on Thursday. The business's fifty day moving average price is $0.58 and its 200-day moving average price is $0.60. The company has a current ratio of 0.69, a quick ratio of 0.67 and a debt-to-equity ratio of 5.64. Melco International Development has a 1 year low of $0.48 and a 1 year high of $0.86.
Melco International Development Company Profile
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Melco International Development Limited, an investment holding company, engages in the leisure and entertainment business in Macau, the Philippines, Cyprus, and Japan. It operates in two segments: Casino and Hospitality, and Others. The company develops, owns, and operates a network of casino gaming and entertainment casino resorts.
Further Reading
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