Genting Malaysia Berhad (OTCMKTS:GMALF – Get Free Report) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 501 shares, an increase of 50,000.0% from the September 30th total of 1 shares. Based on an average daily trading volume, of 182 shares, the days-to-cover ratio is currently 2.8 days.
Genting Malaysia Berhad Price Performance
OTCMKTS:GMALF remained flat at $0.33 during midday trading on Monday. The company’s 50 day moving average is $0.41 and its 200-day moving average is $0.46. Genting Malaysia Berhad has a 1-year low of $0.33 and a 1-year high of $0.38.
Genting Malaysia Berhad Company Profile
Genting Malaysia Berhad is a leisure and hospitality company that operates integrated resorts, casinos, hotels, theme parks, entertainment venues, restaurants and retail facilities. Its flagship property is Resorts World Genting in Malaysia, a mountain resort that offers gaming, accommodations, dining, shopping and attractions including Genting SkyWorlds Theme Park.
The company also operates leisure and hospitality businesses in other markets, including the United Kingdom and the United States.
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