Studio City Ih (NYSE:MSC) Short Interest Up 157.6% in June

Studio City Ih (NYSE:MSCGet Free Report) saw a large growth in short interest in June. As of June 15th, there was short interest totaling 3,903 shares, a growth of 157.6% from the May 31st total of 1,515 shares. Based on an average daily trading volume, of 31,901 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Studio City Ih Price Performance

Shares of MSC stock opened at $1.85 on Monday. The business has a fifty day simple moving average of $2.35 and a 200 day simple moving average of $2.83. The company has a market cap of $390.04 million, a P/E ratio of -8.41 and a beta of 0.09. The company has a quick ratio of 0.21, a current ratio of 0.23 and a debt-to-equity ratio of 3.03. Studio City Ih has a twelve month low of $1.80 and a twelve month high of $6.63.

Studio City Ih (NYSE:MSCGet Free Report) last released its earnings results on Tuesday, March 31st. The company reported $0.00 earnings per share (EPS) for the quarter. The firm had revenue of $176.72 million for the quarter. Studio City Ih had a negative return on equity of 6.90% and a negative net margin of 5.68%.

About Studio City Ih

(Get Free Report)

Studio City International Holdings Limited (NYSE: MSC) is a Cayman Islands–incorporated company that develops, owns and operates the Studio City integrated resort on the Cotai Strip in Macau. The business is principally engaged in gaming and non-gaming operations, including hotel accommodations, retail concessions, food and beverage outlets, live entertainment and themed attractions. Studio City is designed to cater to both mass-market and premium gaming customers while also appealing to family and leisure travelers through its entertainment and retail offerings.

The centerpiece of the company’s portfolio is the Studio City resort, which opened in October 2015 and features two landmark hotel towers, more than 1,600 guest rooms and suites, over 160,000 square feet of retail space, a range of dining concepts and convention facilities.

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