$6.12
-0.03-0.49%
Pre-Market: Dec 20, 6:18 PM EDT
Short interest in Melco Resorts and Entertainment Ltd (NASDAQ:MLCO) decreased during the last reporting period, falling from 11.07M to 9.53M. This put 4.8% of the company's publicly available shares short.
Short interest for Melco Resorts and Enter gives investors a sense of the degree to which investors are betting on the decline of Melco Resorts and Enter's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 3.58M shares traded per day, it would take 2.66 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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