Murano Global Investments Plc (NASDAQ:MRNOW) Short Interest Down 29.9% in January

Murano Global Investments Plc (NASDAQ:MRNOW) was the recipient of a large drop in short interest in January. As of January 31st, there was short interest totalling 39,000 shares, a drop of 29.9% from the January 15th total of 55,600 shares. Based on an average trading volume of 31,100 shares, the days-to-cover ratio is presently 1.3 days.

Murano Global Investments Price Performance

NASDAQ:MRNOW traded up $0.02 during midday trading on Friday, hitting $0.29. 12,863 shares of the company were exchanged, compared to its average volume of 35,298. The company has a fifty day simple moving average of $0.23 and a 200 day simple moving average of $0.18. Murano Global Investments has a fifty-two week low of $0.08 and a fifty-two week high of $0.35.

Murano Global Investments Company Profile

Murano Global Investments Plc, a real estate company, owns, develops, and invests in hotel, resort, and commercial properties in Mexico. Its portfolio includes the Hotel Andaz (operated by Hyatt) and Hotel Mondrian (operated by Accor) in Mexico City, as well as luxury projects in Cancun, which includes the Grand Island I hotel project under the Hyatt’s Vivid and Dreams brands, and a project in Baja.