The Star Entertainment Group Limited (OTCMKTS:EHGRF) Short Interest Up 44.6% in January

The Star Entertainment Group Limited (OTCMKTS:EHGRF) saw a significant increase in short interest in January. As of January 30th, there was short interest totaling 3,083,792 shares, an increase of 44.6% from the January 15th total of 2,132,454 shares. Based on an average daily volume of 3,020 shares, the short-interest ratio is presently 1,021.1 days. Based on an average daily volume of 3,020 shares, the short-interest ratio is presently 1,021.1 days.

The Star Entertainment Group Stock Down 4.2%

Shares of OTCMKTS:EHGRF traded down $0.01 during mid-day trading on Monday, reaching $0.12. The stock has a 50-day moving average of $0.11 and a two-hundred day moving average of $0.08. The Star Entertainment Group has a one year low of $0.05 and a one year high of $0.13.

About The Star Entertainment Group

The Star Entertainment Group (OTCMKTS:EHGRF) is an Australian-based integrated resort operator that develops, owns and manages gaming and entertainment venues. The company’s principal properties include The Star Sydney in New South Wales, The Star Gold Coast in Queensland and Treasury Brisbane in Queensland. Through these venues, The Star offers casino gaming, hospitality, dining, live entertainment, convention and event facilities, as well as luxury accommodation.

Founded in 2011 as Echo Entertainment Group following a spin-off of Tabcorp’s casino assets, the company rebranded to The Star Entertainment Group in 2015 to unify its flagship resorts under a single identity.