Meliá Hotels International, S.A. (OTCMKTS:SMIZF – Get Free Report) saw a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 325 shares, a decrease of 81.2% from the January 29th total of 1,733 shares. Based on an average daily trading volume, of 5,995 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 5,995 shares, the days-to-cover ratio is presently 0.1 days.
Meliá Hotels International Price Performance
SMIZF remained flat at $8.86 during trading on Friday. The company’s 50 day simple moving average is $9.01 and its 200-day simple moving average is $8.82. Meliá Hotels International has a fifty-two week low of $6.56 and a fifty-two week high of $9.64.
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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