Melco International Development Limited (OTCMKTS:MDEVF - Get Free Report) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totalling 750,300 shares, a drop of 36.5% from the September 30th total of 1,182,300 shares. Based on an average daily volume of 6,900 shares, the days-to-cover ratio is currently 108.7 days.
Melco International Development Stock Up 5.9 %
Shares of Melco International Development stock traded up $0.04 on Friday, hitting $0.64. The stock had a trading volume of 2,500 shares, compared to its average volume of 4,773. The stock has a 50 day moving average of $0.61 and a 200 day moving average of $0.69. The company has a debt-to-equity ratio of 5.64, a quick ratio of 0.67 and a current ratio of 0.69. Melco International Development has a twelve month low of $0.48 and a twelve month 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.
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