Studio City International Holdings Limited (NYSE:MSC - Get Free Report) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 3,000 shares, a growth of 172.7% from the February 28th total of 1,100 shares. Based on an average daily trading volume, of 13,700 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company's shares are sold short.
Studio City International Trading Down 3.1 %
Studio City International stock traded down $0.12 during mid-day trading on Monday, hitting $3.57. 7,764 shares of the company's stock were exchanged, compared to its average volume of 13,808. The company's 50 day simple moving average is $3.92 and its 200-day simple moving average is $5.43. The company has a quick ratio of 0.97, a current ratio of 1.01 and a debt-to-equity ratio of 3.19. The firm has a market capitalization of $751.20 million, a P/E ratio of -7.75 and a beta of -0.41. Studio City International has a fifty-two week low of $2.30 and a fifty-two week high of $9.30.
Studio City International (NYSE:MSC - Get Free Report) last released its quarterly earnings results on Thursday, February 27th. The company reported ($0.14) EPS for the quarter. The business had revenue of $152.86 million for the quarter. Studio City International had a negative return on equity of 12.84% and a negative net margin of 14.46%.
Hedge Funds Weigh In On Studio City International
A hedge fund recently raised its stake in Studio City International stock. Walleye Capital LLC increased its position in shares of Studio City International Holdings Limited (NYSE:MSC - Free Report) by 19.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 65,000 shares of the company's stock after buying an additional 10,392 shares during the quarter. Walleye Capital LLC owned 0.06% of Studio City International worth $488,000 as of its most recent SEC filing.
About Studio City International
(
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Studio City International Holdings Limited operates an entertainment resort in Macau. It operates Studio City Casino, comprising gaming tables, including tables for VIP rolling chip operations and gaming machines; and resort, which offers various non-gaming attractions, including figure-8 ferris wheel, night club and karaoke venue, live performance arena, and an outdoor and indoor water park, as well as hotel rooms and various food and beverage establishments, and retail space.
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