Studio City International Holdings Limited (NYSE:MSC) Short Interest Down 76.7% in March

Studio City International Holdings Limited (NYSE:MSC) saw a large decrease in short interest in March. As of March 31st, there was short interest totalling 700 shares, a decrease of 76.7% from the March 15th total of 3,000 shares. Based on an average trading volume of 11,900 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Studio City International Stock Up 1.0 %

MSC stock opened at $2.97 on Tuesday. The company has a market cap of $625.83 million, a price-to-earnings ratio of -6.46 and a beta of -0.35. The firm has a 50-day moving average of $3.64 and a two-hundred day moving average of $5.20. Studio City International has a 12 month low of $2.30 and a 12 month high of $9.30. The company has a current ratio of 1.01, a quick ratio of 0.97 and a debt-to-equity ratio of 3.19.

Studio City International (NYSE:MSC) last announced its quarterly earnings data on Thursday, February 27th. The company reported ($0.14) EPS for the quarter. The company had revenue of $152.86 million for the quarter. Studio City International had a negative return on equity of 12.84% and a negative net margin of 14.46%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Studio City International stock. Invesco Ltd. bought a new stake in Studio City International Holdings Limited (NYSE:MSC) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 25,000 shares of the company’s stock, valued at approximately $141,000.

Studio City International Company Profile

Studio City International Holdings Limited operates an entertainment resort in Macau. It operates Studio City Casino, comprising gaming tables, including tables for VIP rolling chip operations and gaming machines; and resort, which offers various non-gaming attractions, including figure-8 ferris wheel, night club and karaoke venue, live performance arena, and an outdoor and indoor water park, as well as hotel rooms and various food and beverage establishments, and retail space.