Galaxy Entertainment Group Limited (OTCMKTS:GXYEF) Sees Significant Increase in Short Interest

Galaxy Entertainment Group Limited (OTCMKTS:GXYEF) was the recipient of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 7,064,700 shares, an increase of 52.4% from the March 31st total of 4,636,700 shares. Based on an average trading volume of 500 shares, the days-to-cover ratio is currently 14,129.4 days.

Galaxy Entertainment Group Stock Performance

GXYEF traded up $0.02 during trading hours on Friday, hitting $4.48. 771 shares of the company’s stock were exchanged, compared to its average volume of 9,599. The stock’s 50-day moving average is $5.14 and its two-hundred day moving average is $5.35. Galaxy Entertainment Group has a 1-year low of $4.35 and a 1-year high of $7.25.

Galaxy Entertainment Group Company Profile

Galaxy Entertainment Group Limited, an investment holding company, engages in the gaming and entertainment businesses in Macau, Hong Kong, and Mainland China. It operates through Gaming and Entertainment, and Construction Materials segments. The company operates casino games of chance or games of other forms; and provides hospitality and related services.