Studio City Ih (NYSE:MSC) Sees Large Decrease in Short Interest

Studio City Ih (NYSE:MSCGet Free Report) was the target of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 2,704 shares, a drop of 53.0% from the June 30th total of 5,751 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 2,701 shares, the short-interest ratio is currently 1.0 days.

Studio City Ih Trading Up 0.9%

Shares of MSC stock traded up $0.02 during mid-day trading on Tuesday, reaching $1.77. The stock had a trading volume of 1,426 shares, compared to its average volume of 8,066. The firm has a market capitalization of $372.13 million, a PE ratio of -8.03 and a beta of 0.13. The stock’s 50-day moving average price is $2.05 and its two-hundred day moving average price is $2.61. The company has a current ratio of 0.23, a quick ratio of 0.21 and a debt-to-equity ratio of 3.03. Studio City Ih has a 52-week low of $1.58 and a 52-week high of $6.63.

Studio City Ih (NYSE:MSCGet Free Report) last posted its earnings results on Tuesday, March 31st. The company reported $0.00 earnings per share for the quarter. The company had revenue of $176.72 million during the quarter. Studio City Ih had a negative net margin of 5.68% and a negative return on equity of 6.90%.

About Studio City Ih

(Get Free Report)

Studio City International Holdings Limited (NYSE: MSC) is a Cayman Islands–incorporated company that develops, owns and operates the Studio City integrated resort on the Cotai Strip in Macau. The business is principally engaged in gaming and non-gaming operations, including hotel accommodations, retail concessions, food and beverage outlets, live entertainment and themed attractions. Studio City is designed to cater to both mass-market and premium gaming customers while also appealing to family and leisure travelers through its entertainment and retail offerings.

The centerpiece of the company’s portfolio is the Studio City resort, which opened in October 2015 and features two landmark hotel towers, more than 1,600 guest rooms and suites, over 160,000 square feet of retail space, a range of dining concepts and convention facilities.

See Also

Receive News & Ratings for Studio City Ih Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Studio City Ih and related companies with MarketBeat.com's FREE daily email newsletter.