Time to Reconsider MACAU LEGEND (OTCMKTS:MALDF) After Less Short Sellers?

February 15, 2018 - By Michael Collier

The stock of MACAU LEGEND (OTCMKTS:MALDF) registered a decrease of 12.63% in short interest. MALDF’s total short interest was 8.91 million shares in February as published by FINRA. Its down 12.63% from 10.20 million shares, reported previously. With 100 shares average volume, it will take short sellers 89121 days to cover their MALDF’s short positions.

It closed at $0.147 lastly. It is down 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

Macau Legend Development Limited, an investment holding company, owns entertainment and casino gaming facilities. The company has market cap of $921.33 million. The firm operates through Gaming and Non-Gaming divisions. It currently has negative earnings. The Company’s principal properties include The Landmark Macau, an integrated hotel, casino, and luxury shopping complex located in Macau; and Macau FishermanÂ’s Wharf, a waterfront integrated gaming, hotel, convention, and entertainment complex that includes a cultural facility, a canopied open-air shopping area, a dining and entertainment colonnade, a yacht club at the marina, and other facilities located on the outer harbor of the Macau Peninsula, as well as Savan Vegas hotel and entertainment complex in the Lao PeopleÂ’s Democratic Republic.

More news for Macau Legend Development Limited (OTCMKTS:MALDF) were recently published by: Forbes.com, which released: “Billionaire David Chow’s Macau Legend To Raise $174 Mln; Japan’s Dynam Adds Shares” on January 17, 2014. Prnewswire.com‘s article titled: “Macau Legend to Develop A World-class Integrated Leisure, Tourism and …” and published on July 23, 2015 is yet another important article.

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