Wynn Macau, Limited – Unsponsored ADR (OTCMKTS:WYNMY) Shares Shorted: Short Interest Up 219.8% in September

Wynn Macau, Limited – Unsponsored ADR (OTCMKTS:WYNMY) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 1,941 shares, an increase of 219.8% from the September 15th total of 607 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 7,713 shares, the short-interest ratio is currently 0.3 days.

Analyst Ratings Changes

A number of equities analysts have issued reports on WYNMY shares. CLSA cut shares of Wynn Macau from a “strong-buy” rating to a “moderate buy” rating in a research report on Friday, July 10th. The Goldman Sachs Group raised shares of Wynn Macau from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 14th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Strong Buy”.

Wynn Macau Trading Up 2.0%

Shares of OTCMKTS:WYNMY opened at $6.38 on Wednesday. The business’s fifty day moving average price is $6.95 and its two-hundred day moving average price is $7.00. Wynn Macau has a one year low of $6.08 and a one year high of $9.01.

Wynn Macau Company Profile

Wynn Macau Limited is a Macau-based hospitality and gaming company and a subsidiary of Wynn Resorts, Limited. The company develops and operates integrated resort properties that combine casino gaming with luxury accommodations, dining, retail, entertainment and meeting facilities.

Its principal properties include Wynn Macau, located on the Macau Peninsula, and Wynn Palace, located in the Cotai area. The resorts offer hotel rooms and suites, gaming areas, restaurants, lounges, retail outlets, entertainment venues and other services designed for leisure and business visitors.

Wynn Macau Limited has operated in Macau since the opening of Wynn Macau in 2006, followed by the opening of Wynn Palace in 2016.