Murano Global BV (NASDAQ:MRNO) Short Interest Down 43.1% in February

Murano Global BV (NASDAQ:MRNO) was the recipient of a large decrease in short interest in February. As of February 13th, there was short interest totaling 272,991 shares, a decrease of 43.1% from the January 29th total of 479,366 shares. Approximately 1.2% of the company’s stock are sold short. Based on an average daily volume of 2,461,640 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 2,461,640 shares, the short-interest ratio is currently 0.1 days. Approximately 1.2% of the company’s stock are sold short.

Hedge Funds Weigh In On Murano Global BV

A hedge fund recently bought a new stake in Murano Global BV stock. Clear Street Group Inc. bought a new position in shares of Murano Global BV (NASDAQ:MRNO) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 248,374 shares of the company’s stock, valued at approximately $640,000. Clear Street Group Inc. owned about 0.31% of Murano Global BV at the end of the most recent quarter. Institutional investors and hedge funds own 11.79% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Murano Global BV in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Murano Global BV currently has an average rating of “Sell”.

Murano Global BV Stock Up 15.8%

MRNO traded up $0.11 during trading hours on Friday, hitting $0.79. 1,071,054 shares of the company’s stock were exchanged, compared to its average volume of 1,355,988. Murano Global BV has a 1-year low of $0.49 and a 1-year high of $13.25. The stock’s 50-day moving average is $1.02 and its two-hundred day moving average is $2.35. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.08 and a current ratio of 0.08.

About Murano Global BV

Murano Global BV is a special purpose acquisition company (SPAC) incorporated under the laws of the Netherlands. Its sole purpose is to identify and complete a business combination through a merger, stock exchange, asset acquisition or similar transaction. The company is listed on the NASDAQ under the ticker MRNO and was formed to leverage public capital markets expertise in sourcing and structuring deals.

Sponsored by Murano Partners and its affiliates, Murano Global BV raised capital through its initial public offering in 2021.