Short Interest in Meliá Hotels International, S.A. (OTCMKTS:SMIZF) Drops By 51.6%

Meliá Hotels International, S.A. (OTCMKTS:SMIZF) saw a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 3,000 shares, a drop of 51.6% from the February 13th total of 6,200 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 30.0 days.

Meliá Hotels International Stock Performance

OTCMKTS SMIZF opened at $7.25 on Friday. The company’s fifty day moving average is $7.20 and its two-hundred day moving average is $7.14. Meliá Hotels International has a 52-week low of $6.42 and a 52-week high of $8.54.

About Meliá Hotels International

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.