Meliá Hotels International, S.A. (OTCMKTS:SMIZF – Get Free Report) saw a large drop in short interest in February. As of February 13th, there was short interest totaling 325 shares, a drop of 81.2% from the January 29th total of 1,733 shares. Based on an average daily volume of 5,995 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 5,995 shares, the short-interest ratio is presently 0.1 days.
Meliá Hotels International Price Performance
Meliá Hotels International stock remained flat at $8.86 during mid-day trading on Wednesday. Meliá Hotels International has a one year low of $6.56 and a one year high of $9.64. The stock’s fifty day moving average price is $9.01 and its 200 day moving average price is $8.82.
About Meliá Hotels International
Meliá Hotels International is a Spain‐based global hospitality company that develops, manages and franchises a diversified portfolio of hotels and resorts. The company’s core activities encompass property ownership, hotel management, and the provision of guest services across various market segments, including urban, resort and all‐inclusive. Meliá’s offerings extend from luxury and lifestyle brands to midscale and economy accommodations, complemented by food and beverage outlets, wellness facilities and event spaces.
Founded in 1956 with the opening of the Hotel Isla Mallorca, the group was established by Gabriel Escarrer Juliá and has since evolved through organic growth and strategic partnerships.
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