Short Interest in Melco International Development Ltd. (OTCMKTS:MDEVF) Grows By 135.1%
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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.
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