Genting Singapore Limited (OTCMKTS:GIGNY) Sees Significant Increase in Short Interest

Genting Singapore Limited (OTCMKTS:GIGNYGet Free Report) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 300 shares, an increase of 50.0% from the November 30th total of 200 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 3.0 days.

Genting Singapore Stock Performance

Shares of Genting Singapore stock remained flat at $25.32 on Monday. The company’s stock had a trading volume of 37 shares, compared to its average volume of 467. Genting Singapore has a 52-week low of $25.32 and a 52-week high of $38.13. The business has a 50 day moving average price of $30.99 and a 200-day moving average price of $31.63.

About Genting Singapore

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Genting Singapore Limited, an investment holding company, primarily engages in the construction, development, and operation of integrated resort destinations in Asia. The company owns Resorts World Sentosa, a destination resort located on Singapore's resort island of Sentosa featuring S.E.A. Aquarium, an aquarium; Adventure Cove Waterpark, an aquatic park integrated with marine life; Universal Studios Singapore, a Universal Studios theme park; ESPA, a destination spa; indoor and outdoor MICE venues; and various dining, retail, and entertainment options.

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