Short Interest in Galaxy Entertainment Group Limited (OTCMKTS:GXYEF) Increases By 52.4%

Galaxy Entertainment Group Limited (OTCMKTS:GXYEF) was the target of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 7,064,700 shares, an increase of 52.4% from the March 31st total of 4,636,700 shares. Based on an average daily trading volume, of 500 shares, the days-to-cover ratio is currently 14,129.4 days.

Galaxy Entertainment Group Price Performance

Shares of GXYEF stock remained flat at $4.48 on Monday. Galaxy Entertainment Group has a twelve month low of $4.35 and a twelve month high of $7.25. The company’s 50 day moving average is $5.11 and its two-hundred day moving average is $5.34.

About Galaxy Entertainment Group

Galaxy Entertainment Group Limited, an investment holding company, engages in the gaming and entertainment businesses in Macau, Hong Kong, and Mainland China. It operates through Gaming and Entertainment, and Construction Materials segments. The company operates casino games of chance or games of other forms; and provides hospitality and related services.