Galaxy Entertainment Group Limited (OTCMKTS:GXYEF) Short Interest Update

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

Galaxy Entertainment Group Price Performance

Shares of GXYEF traded down $0.28 during trading hours on Friday, hitting $3.86. The company’s stock had a trading volume of 7,418 shares, compared to its average volume of 15,709. The business has a 50 day simple moving average of $4.10 and a two-hundred day simple moving average of $4.71. Galaxy Entertainment Group has a 52-week low of $3.68 and a 52-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.