Wynn Macau, Limited (OTCMKTS:WYNMY) Short Interest Down 85.2% in October

Wynn Macau, Limited (OTCMKTS:WYNMY) was the target of a significant decrease in short interest in October. As of October 15th, there was short interest totalling 11,800 shares, a decrease of 85.2% from the September 30th total of 79,800 shares. Based on an average trading volume of 55,400 shares, the short-interest ratio is currently 0.2 days.

Wynn Macau Stock Performance

OTCMKTS WYNMY traded down $0.03 during trading hours on Friday, hitting $7.88. 3,081 shares of the company traded hands, compared to its average volume of 17,445. Wynn Macau has a twelve month low of $6.11 and a twelve month high of $10.79. The business’s 50-day moving average is $7.39 and its 200-day moving average is $8.28.

Wynn Macau Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, September 27th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.0818 per share. This is a positive change from Wynn Macau’s previous dividend of $0.08. The ex-dividend date of this dividend was Tuesday, September 3rd. Wynn Macau’s payout ratio is presently 95.05%.

About Wynn Macau

Wynn Macau, Limited, through its subsidiaries, engages in the development, ownership, and operation of integrated destination casino resorts in Macau. The company's Wynn Palace resort features approximately 468,000 square feet of casino space providing 24-hour gaming and various games comprising private gaming salons and sky casinos; a luxury hotel with guest rooms, suites, and villas; and food and beverage outlets.