Murano Global BV (NASDAQ:MRNO) Stock Short Interest Report for September

Murano Global BV (NASDAQ:MRNO) was the target of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 565,510 shares, a growth of 235.7% from the September 15th total of 168,450 shares. Approximately 2.5% of the company’s shares are short sold. Based on an average daily volume of 31,860,775 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Murano Global BV in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat, Murano Global BV has an average rating of “Sell”.

Murano Global BV Stock Down 4.4%

Murano Global BV stock traded down $0.01 during mid-day trading on Monday, reaching $0.22. 1,619,211 shares of the company traded hands, compared to its average volume of 24,550,060. The firm’s 50 day moving average price is $0.24 and its 200 day moving average price is $0.30. Murano Global BV has a 52-week low of $0.18 and a 52-week high of $2.91.

Murano Global BV Company Profile

Murano Global B.V. is a Mexico-focused real estate company engaged in the development, acquisition, ownership and operation of hospitality and mixed-use properties. Its business is centered on hotels, resorts and related real estate assets, with an emphasis on serving Mexico’s tourism and urban markets.

The company’s activities include property development, asset management and hotel operations, as well as collaborations with established hospitality brands. Its portfolio and development pipeline are primarily located in Mexico, including destinations such as Mexico City and major coastal tourism markets.

Murano Global has developed its platform around vertically integrated real estate and hospitality capabilities, allowing it to participate in projects from development and construction through ownership and ongoing operations.