Short Interest in Murano Global Investments Plc (NASDAQ:MRNOW) Expands By 52.4%

Murano Global Investments Plc (NASDAQ:MRNOW) was the target of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 25,000 shares, a growth of 52.4% from the October 31st total of 16,400 shares. Based on an average daily trading volume, of 38,400 shares, the days-to-cover ratio is presently 0.7 days.

Murano Global Investments Stock Performance

Shares of MRNOW traded down $0.02 during midday trading on Friday, hitting $0.17. The company had a trading volume of 109,100 shares, compared to its average volume of 67,504. The company’s 50-day simple moving average is $0.17 and its 200-day simple moving average is $0.16. Murano Global Investments has a 1 year low of $0.08 and a 1 year high of $0.35.

Murano Global Investments Company Profile

Murano Global Investments Plc, a real estate company, owns, develops, and invests in hotel, resort, and commercial properties in Mexico. Its portfolio includes the Hotel Andaz (operated by Hyatt) and Hotel Mondrian (operated by Accor) in Mexico City, as well as luxury projects in Cancun, which includes the Grand Island I hotel project under the Hyatt’s Vivid and Dreams brands, and a project in Baja.