Studio City International Holdings Limited (NYSE:MSC) Short Interest Update

Studio City International Holdings Limited (NYSE:MSC) saw a large decrease in short interest in February. As of February 28th, there was short interest totalling 1,100 shares, a decrease of 85.7% from the February 13th total of 7,700 shares. Based on an average daily volume of 13,700 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Studio City International Stock Down 0.3 %

Studio City International stock traded down $0.01 during midday trading on Wednesday, reaching $3.75. The stock had a trading volume of 4,855 shares, compared to its average volume of 8,256. The company has a fifty day moving average price of $4.20 and a two-hundred day moving average price of $5.63. Studio City International has a 12 month low of $2.30 and a 12 month high of $9.30. The company has a current ratio of 1.01, a quick ratio of 0.97 and a debt-to-equity ratio of 3.19. The company has a market capitalization of $790.19 million, a P/E ratio of -8.15 and a beta of -0.41.

Studio City International (NYSE:MSC) last announced its quarterly earnings results on Thursday, February 27th. The company reported ($0.14) earnings per share for the quarter. The business had revenue of $152.86 million during the quarter. Studio City International had a negative net margin of 14.46% and a negative return on equity of 12.84%.

Hedge Funds Weigh In On Studio City International

A hedge fund recently bought a new stake in Studio City International stock. Invesco Ltd. acquired a new stake in Studio City International Holdings Limited (NYSE:MSC) in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 25,000 shares of the company’s stock, valued at approximately $141,000.

Studio City International Company Profile

Studio City International Holdings Limited operates an entertainment resort in Macau. It operates Studio City Casino, comprising gaming tables, including tables for VIP rolling chip operations and gaming machines; and resort, which offers various non-gaming attractions, including figure-8 ferris wheel, night club and karaoke venue, live performance arena, and an outdoor and indoor water park, as well as hotel rooms and various food and beverage establishments, and retail space.