Short Interest in Wynn Macau, Limited – Unsponsored ADR (OTCMKTS:WYNMY) Drops By 43.2%

Wynn Macau, Limited – Unsponsored ADR (OTCMKTS:WYNMY) was the recipient of a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 696 shares, a drop of 43.2% from the December 15th total of 1,225 shares. Based on an average daily volume of 10,094 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 10,094 shares, the short-interest ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Citigroup raised shares of Wynn Macau from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 14th. Two research analysts have rated the stock with a Strong Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Wynn Macau Trading Down 0.3%

Shares of WYNMY stock opened at $7.45 on Thursday. The business’s 50 day moving average price is $8.03 and its 200-day moving average price is $8.34. Wynn Macau has a fifty-two week low of $5.83 and a fifty-two week high of $9.80.

About Wynn Macau

Wynn Macau Limited, trading as an American depositary receipt on the OTC Markets under the symbol WYNMY, is an operator of luxury integrated resorts in the Macau Special Administrative Region of the People’s Republic of China. As a subsidiary of Wynn Resorts, the company develops, owns and operates two world-class properties—Wynn Macau on the Macau Peninsula and Wynn Palace on Cotai—each offering a blend of gaming, hospitality and entertainment amenities.

The core of Wynn Macau’s business is gaming, with a focus on high-end table games and electronic gaming machines that cater to premium mass and VIP clientele.