Meliá Hotels International, S.A. (OTCMKTS:SMIZF) Short Interest Update

Meliá Hotels International, S.A. (OTCMKTS:SMIZF) was the target of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 316,168 shares, a drop of 48.7% from the May 14th total of 616,146 shares. Based on an average trading volume of 76 shares, the days-to-cover ratio is currently 4,160.1 days.

Meliá Hotels International Price Performance

Shares of OTCMKTS:SMIZF opened at $13.25 on Friday. The business has a 50-day moving average price of $12.88 and a 200 day moving average price of $10.41. Meliá Hotels International has a 12-month low of $7.60 and a 12-month high of $13.55.

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.