Short Interest in Melco International Development Ltd. (OTCMKTS:MDEVF) Decreases By 96.9%

Melco International Development Ltd. (OTCMKTS:MDEVF) saw a large decrease in short interest in February. As of February 13th, there was short interest totaling 260 shares, a decrease of 96.9% from the January 29th total of 8,260 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Melco International Development Stock Down 5.5%

OTCMKTS:MDEVF traded down $0.03 during trading hours on Friday, reaching $0.54. The company’s stock had a trading volume of 9,500 shares, compared to its average volume of 5,780. The company has a debt-to-equity ratio of 6.50, a current ratio of 0.58 and a quick ratio of 0.57. The firm has a 50-day simple moving average of $0.55 and a 200-day simple moving average of $0.61. Melco International Development has a 1 year low of $0.40 and a 1 year high of $0.83.

About Melco International Development

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.