MakeMyTrip Limited (MMYT) has 2,526,576 shares of shorts outstanding as on August 15, 2016, with 21 days left to cover or roll them over. On Jul 29, 2016, the open interest of short positions was 2,555,408 shares. The stock has a decent trading volume of 118,511 shares daily. The marginal decrease in the short positions is by -1.1%, which amounts to -28,832 shares. Short positions are 8.5% of the available float. The short interest information was released on Wednesday Aug 24th after the market close.
MakeMyTrip Limited (NASDAQ:MMYT): The stock opened at $19.44 on Wednesday but the bulls could not build on the opening and the stock topped out at $19.45 for the day. The stock traded down to $18.78 during the day, due to lack of any buying support eventually closed down at $18.85 with a loss of -2.68% for the day. The stock had closed at $19.37 on the previous day. The total traded volume was 52,567 shares.
MakeMyTrip Limited is an online travel company in India. The Company conducts its business principally through its Indian subsidiary, MakeMyTrip (India) Private Limited (MMT India). Through its primary Website, www.makemytrip.com, or MakeMyTrip.com, its subsidiaries websites, such as www.hoteltravel.com, www.makemytrip.ae, www.makemytrip.com.sg, and other technology-enhanced distribution channels in India, including its call centers, travel stores and travel agents network, travelers can research, plan and book a wide range of travel services and products in India, as well as overseas. Its services and products include air tickets, hotels, packages, rail tickets, bus tickets, car hire and ancillary travel requirements, such as facilitating access to travel insurance.