Galaxy Entertainment Group Limited (OTCMKTS:GXYEF) Short Interest Update

Galaxy Entertainment Group Limited (OTCMKTS:GXYEF – Get Free Report) was the recipient of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 21,447,533 shares, a growth of 1,545.6% from the June 15th total of 1,303,339 shares. Based on an average daily trading volume, of 51,114 shares, the short-interest ratio is presently 419.6 days.

Galaxy Entertainment Group Trading Down 6.7%

OTCMKTS:GXYEF traded down $0.28 on Friday, hitting $3.86. 7,418 shares of the company’s stock were exchanged, compared to its average volume of 15,709. The firm has a 50-day moving average price of $4.10 and a 200-day moving average price of $4.71. Galaxy Entertainment Group has a 52 week low of $3.68 and a 52 week high of $5.80.

About Galaxy Entertainment Group

(Get Free Report)

Galaxy Entertainment Group is a Hong Kong–incorporated investment holding company with core operations in the gaming and hospitality industry. The company develops and operates integrated resort complexes in the Macau Special Administrative Region, offering casino gaming, luxury hotel accommodations, retail, dining, entertainment and convention facilities under one roof.

Its flagship property, Galaxy Macau on the Cotai Strip, encompasses multiple phases of development, combining mass-market gaming areas, VIP gaming salons, branded hotels such as Banyan Tree and The Ritz-Carlton, and a variety of food and beverage outlets.

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