Melco International Development Ltd. (OTCMKTS:MDEVF) Short Interest Update

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

Melco International Development Stock Performance

Shares of MDEVF remained flat at $0.57 during midday trading on Wednesday. Melco International Development has a 12-month low of $0.40 and a 12-month high of $0.83. The company has a current ratio of 0.58, a quick ratio of 0.57 and a debt-to-equity ratio of 6.50. The business’s 50-day moving average price is $0.55 and its 200 day moving average price is $0.61.

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.