--- title: "Short Interest in Melco International Development Ltd. (OTCMKTS:MDEVF) Grows By 135.1%" type: "News" locale: "en" url: "https://longbridge.com/en/news/282445513.md" description: "Melco International Development Ltd. (OTCMKTS:MDEVF) experienced a significant increase in short interest, rising by 135.1% in March. As of March 31, short interest totaled 614,260 shares, up from 261,260 shares on March 15. The short-interest ratio is currently 1,559.0 days, with 0.0% of the company's stock sold short. The stock opened at $0.50, with a 50-day moving average of $0.54 and a 200-day average of $0.59. Melco International is involved in property development, hospitality, and gaming sectors in Asia." datetime: "2026-04-12T12:17:08.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/282445513.md) - [en](https://longbridge.com/en/news/282445513.md) - [zh-HK](https://longbridge.com/zh-HK/news/282445513.md) --- # Short Interest in Melco International Development Ltd. (OTCMKTS:MDEVF) Grows By 135.1% Melco International Development Ltd. (OTCMKTS:MDEVF - Get Free Report) was the target of a significant growth in short interest in the month of March. As of March 31st, there was short interest totaling 614,260 shares, a growth of 135.1% from the March 15th total of 261,260 shares. Based on an average daily volume of 394 shares, the short-interest ratio is currently 1,559.0 days. Currently, 0.0% of the company's shares are sold short. ## Melco International Development Price Performance OTCMKTS MDEVF opened at $0.50 on Friday. The business has a 50 day simple moving average of $0.54 and a 200 day simple moving average of $0.59. Melco International Development has a one year low of $0.40 and a one year high of $0.83. ## About Melco International Development (Get Free Report) 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. ## Further Reading - Five stocks we like better than Melco International Development _This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._ ## Should You Invest $1,000 in Melco International Development Right Now? Before you consider Melco International Development, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Melco International Development wasn't on the list. While Melco International Development currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [MLCO.US](https://longbridge.com/en/quote/MLCO.US.md) - [00200.HK](https://longbridge.com/en/quote/00200.HK.md) ## Related News & Research - [Marriott International and The Fern Hotels & Resorts Celebrate 75 Signings and 50 Openings for Series by Marriott in India](https://longbridge.com/en/news/287030448.md) - [ZAWYA: Global Hotel Alliance adds four distinctive new member brands](https://longbridge.com/en/news/287168557.md) - [ZAWYA: Osool Integrated Real Estate Company signs strategic agreement with TAIBA](https://longbridge.com/en/news/286763706.md) - [Three Diversified Stocks For Adventurous Investors](https://longbridge.com/en/news/286927733.md) - [Magnificent Hotel Investments proposes HKD 0.005 special dividend per share](https://longbridge.com/en/news/287185404.md)