Short Interest in Murano Global BV (NASDAQ:MRNO) Grows By 210.6%

Murano Global BV (NASDAQ:MRNOGet Free Report) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 25,498 shares, a growth of 210.6% from the November 30th total of 8,209 shares. Based on an average daily volume of 125,676 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 125,676 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On Murano Global BV

A hedge fund recently bought a new stake in Murano Global BV stock. Clear Street Group Inc. bought a new stake in shares of Murano Global BV (NASDAQ:MRNOFree Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 248,374 shares of the company’s stock, valued at approximately $640,000. Clear Street Group Inc. owned 0.31% of Murano Global BV at the end of the most recent reporting period. Institutional investors own 11.79% of the company’s stock.

Murano Global BV Trading Down 7.9%

Shares of NASDAQ MRNO opened at $0.64 on Friday. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.22 and a quick ratio of 0.21. The business’s 50 day moving average is $1.91 and its two-hundred day moving average is $4.73. Murano Global BV has a 52-week low of $0.60 and a 52-week high of $13.25.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Murano Global BV in a report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

Read Our Latest Report on Murano Global BV

About Murano Global BV

(Get Free Report)

Murano Global BV is a special purpose acquisition company (SPAC) incorporated under the laws of the Netherlands. Its sole purpose is to identify and complete a business combination through a merger, stock exchange, asset acquisition or similar transaction. The company is listed on the NASDAQ under the ticker MRNO and was formed to leverage public capital markets expertise in sourcing and structuring deals.

Sponsored by Murano Partners and its affiliates, Murano Global BV raised capital through its initial public offering in 2021.

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