Short Interest in Meliá Hotels International, S.A. (OTCMKTS:SMIZF) Declines By 28.0%

Meliá Hotels International, S.A. (OTCMKTS:SMIZF) was the target of a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 3,600 shares, a decline of 28.0% from the November 30th total of 5,000 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 36.0 days.

Meliá Hotels International Price Performance

Meliá Hotels International stock remained flat at $7.79 during midday trading on Friday. The firm’s 50 day moving average price is $7.27 and its two-hundred day moving average price is $7.27. Meliá Hotels International has a 1 year low of $6.00 and a 1 year high of $8.54.

Meliá Hotels International Company Profile

Meliá Hotels International, SA owns, manages, operates, leases, and franchises hotels worldwide. It operates through Hotel Management, Hotel Business, Other Business Linked to Hotel Management, Real Estate, and Vacation Club segments. The company operates hotels under the Gran Meliá Hotels & Resorts, Paradisus by Meliá, ME by Meliá, Meliá Hotels & Resorts, INNSIDE by Meliá, Sol by Meliá, ZEL, and Circle by Melia brand names, as well as Meliá PRO.