Melco International Development Ltd. (OTCMKTS:MDEVF) Short Interest Update

Melco International Development Ltd. (OTCMKTS:MDEVF) saw a large growth in short interest in January. As of January 30th, there was short interest totaling 8,260 shares, a growth of 3,076.9% from the January 15th total of 260 shares. Based on an average daily volume of 190 shares, the days-to-cover ratio is presently 43.5 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 190 shares, the days-to-cover ratio is presently 43.5 days.

Melco International Development Price Performance

MDEVF remained flat at $0.57 during trading on Tuesday. The company has a quick ratio of 0.57, a current ratio of 0.58 and a debt-to-equity ratio of 6.50. Melco International Development has a twelve month low of $0.40 and a twelve month high of $0.83. The company’s fifty day moving average price is $0.56 and its 200-day moving average price is $0.62.

Melco International Development Company Profile

Melco International Development Limited is a Hong Kong–based investment holding company with diversified interests across property development, hospitality, gaming and entertainment sectors in Asia. The company pursues opportunities in integrated resort operations, property investment and development projects, leveraging its background in real estate to support long-term growth.

Through its controlling stake in Melco Resorts & Entertainment, Melco International is involved in the design, development and operation of world-class integrated resorts.