Melco International Development Ltd. (OTCMKTS:MDEVF) Short Interest Update

Melco International Development Ltd. (OTCMKTS:MDEVF) was the target of a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 261,260 shares, a growth of 153.0% from the February 26th total of 103,260 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days. Approximately 0.0% of the shares of the company are short sold.

Melco International Development Price Performance

OTCMKTS MDEVF remained flat at $0.50 during trading on Friday. The company has a debt-to-equity ratio of 6.50, a current ratio of 0.58 and a quick ratio of 0.57. Melco International Development has a 52-week low of $0.40 and a 52-week high of $0.83. The company has a fifty day moving average price of $0.55 and a two-hundred day moving average price of $0.60.

About Melco International Development

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.