Meliá Hotels International, S.A. (OTCMKTS:SMIZF) Sees Significant Growth in Short Interest

Meliá Hotels International, S.A. (OTCMKTS:SMIZF) was the recipient of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 3,700 shares, an increase of 23.3% from the October 31st total of 3,000 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 37.0 days.

Meliá Hotels International Stock Performance

Shares of SMIZF opened at $7.11 on Friday. Meliá Hotels International has a one year low of $5.44 and a one year high of $8.54. The company’s fifty day moving average price is $7.08 and its 200 day moving average price is $7.40.

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.