Short Interest in Wynn Macau, Limited (OTCMKTS:WYNMF) Decreases By 34.5%

Wynn Macau, Limited (OTCMKTS:WYNMF) was the target of a significant decline in short interest during the month of May. As of May 31st, there was short interest totalling 8,778,100 shares, a decline of 34.5% from the May 15th total of 13,395,300 shares. Based on an average daily trading volume, of 500 shares, the short-interest ratio is presently 17,556.2 days. Approximately 0.2% of the company’s stock are sold short.

Wynn Macau Price Performance

Shares of Wynn Macau stock opened at $0.62 on Wednesday. Wynn Macau has a 52-week low of $0.60 and a 52-week high of $0.95. The company has a 50-day simple moving average of $0.66 and a two-hundred day simple moving average of $0.68.

Wynn Macau Announces Dividend

The company also recently announced a dividend, which was paid on Wednesday, June 11th. Shareholders of record on Wednesday, May 28th were issued a $0.185 dividend. The ex-dividend date of this dividend was Tuesday, May 27th. This represents a yield of 4.81%.

About Wynn Macau

Wynn Macau, Limited engages in the development, ownership, and operation of integrated destination casino resorts in the People’s Republic of China. It operates through two segments, Wynn Palace and Wynn Macau. The company offers tables games, slot machines or similar gaming devices; offers 24-hour gaming, and various games comprising private gaming salons and sky casinos; a luxury hotel with guest rooms, suites, and villas; food and beverage outlets; brand-name and retail shopping; recreation and leisure facilities, including a cable car ride through SkyCab, health club, spa, salon, and pool; and a meeting and convention spaces.