Is Buying MGM CHINA HOLDINGS L (OTCMKTS:MCHVF) Here Good Idea?

February 15, 2018 - By Maria Brooks

The stock of MGM CHINA HOLDINGS L (OTCMKTS:MCHVF) registered a decrease of 6.35% in short interest. MCHVF’s total short interest was 35.61 million shares in February as published by FINRA. Its down 6.35% from 38.03 million shares, reported previously. With 400 shares average volume, it will take short sellers 89033 days to cover their MCHVF’s short positions.

It closed at $2.75 lastly. It is down 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

MGM China Holdings Limited, an investment holding company, engages in the development and operation of casino games of chance and other casino games, and the related hotel and resort facilities in Macau. The company has market cap of $10.61 billion. It owns and operates the MGM Macau, an integrated resort located on the Macau Peninsula. It has a 27.23 P/E ratio. The casino has a floor area of approximately 30,069 square meters, with 1,060 slot machines, 427 gaming tables, and multiple VIP and private gaming areas; and hotel that comprises a 35-storey tower with 582 deluxe rooms, including 468 standard guest rooms, 99 luxury suites, and 15 private luxury villas.

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