Short Interest in Murano Global Investments Plc (NASDAQ:MRNOW) Decreases By 40.3%

Murano Global Investments Plc (NASDAQ:MRNOW) was the recipient of a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 11,635 shares, a drop of 40.3% from the February 26th total of 19,477 shares. Based on an average trading volume of 23,463 shares, the short-interest ratio is currently 0.5 days.

Murano Global Investments Stock Performance

NASDAQ MRNOW traded down $0.00 during trading hours on Friday, reaching $0.05. The company’s stock had a trading volume of 30,883 shares, compared to its average volume of 55,459. The company’s 50-day moving average is $0.06 and its two-hundred day moving average is $0.07. Murano Global Investments has a 1-year low of $0.01 and a 1-year high of $0.39.

About Murano Global Investments

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. The company was founded in 1996 and is headquartered in London, the United Kingdom.