Galaxy Entertainment Group Limited (OTCMKTS:GXYEF) Short Interest Up 1,545.6% in June

Galaxy Entertainment Group Limited (OTCMKTS:GXYEF) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 21,447,533 shares, a growth of 1,545.6% from the June 15th total of 1,303,339 shares. Based on an average trading volume of 51,114 shares, the short-interest ratio is currently 419.6 days.

Galaxy Entertainment Group Stock Down 6.7%

OTCMKTS GXYEF traded down $0.28 during trading on Friday, reaching $3.86. 7,418 shares of the stock traded hands, compared to its average volume of 15,709. The stock’s 50-day moving average price is $4.10 and its 200 day moving average price is $4.71. Galaxy Entertainment Group has a fifty-two week low of $3.68 and a fifty-two week high of $5.80.

About Galaxy Entertainment Group

Galaxy Entertainment Group is a Hong Kong–incorporated investment holding company with core operations in the gaming and hospitality industry. The company develops and operates integrated resort complexes in the Macau Special Administrative Region, offering casino gaming, luxury hotel accommodations, retail, dining, entertainment and convention facilities under one roof.

Its flagship property, Galaxy Macau on the Cotai Strip, encompasses multiple phases of development, combining mass-market gaming areas, VIP gaming salons, branded hotels such as Banyan Tree and The Ritz-Carlton, and a variety of food and beverage outlets.