Murano Global Investments Plc (NASDAQ:MRNOW) Sees Significant Decline in Short Interest

Murano Global Investments Plc (NASDAQ:MRNOW) was the target of a significant decline in short interest in January. As of January 30th, there was short interest totaling 18,167 shares, a decline of 19.1% from the January 15th total of 22,464 shares. Based on an average daily trading volume, of 92,736 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 92,736 shares, the days-to-cover ratio is currently 0.2 days.

Murano Global Investments Stock Performance

Shares of NASDAQ:MRNOW remained flat at $0.06 during trading hours on Monday. 124 shares of the company’s stock were exchanged, compared to its average volume of 90,043. Murano Global Investments has a 52 week low of $0.01 and a 52 week high of $0.42. The business’s 50-day moving average is $0.05 and its 200 day moving average is $0.11.

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