Melco International Development Limited (OTCMKTS:MDEVF) Short Interest Update

Melco International Development Limited (OTCMKTS:MDEVFGet Free Report) saw a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 999,300 shares, a growth of 116.2% from the January 31st total of 462,300 shares. Based on an average daily volume of 2,300 shares, the days-to-cover ratio is currently 434.5 days.

Melco International Development Stock Performance

MDEVF stock remained flat at $0.55 during midday trading on Friday. The company has a debt-to-equity ratio of 5.64, a quick ratio of 0.67 and a current ratio of 0.69. Melco International Development has a twelve month low of $0.48 and a twelve month high of $0.86. The company has a fifty day moving average of $0.57 and a two-hundred day moving average of $0.60.

About Melco International Development

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Melco International Development Limited, an investment holding company, engages in the leisure and entertainment business in Macau, the Philippines, Cyprus, and Japan. It operates in two segments: Casino and Hospitality, and Others. The company develops, owns, and operates a network of casino gaming and entertainment casino resorts.

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