Short Interest in Meliá Hotels International, S.A. (OTCMKTS:SMIZF) Drops By 50.5%

Meliá Hotels International, S.A. (OTCMKTS:SMIZFGet Free Report) was the target of a large drop in short interest in June. As of June 30th, there was short interest totaling 155,362 shares, a drop of 50.5% from the June 15th total of 313,602 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ? days.

Meliá Hotels International Stock Performance

Shares of Meliá Hotels International stock opened at $13.05 on Friday. Meliá Hotels International has a 1 year low of $7.60 and a 1 year high of $13.55. The business has a 50 day moving average price of $13.17 and a 200 day moving average price of $11.20.

About Meliá Hotels International

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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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