Short Interest in Meliá Hotels International, S.A. (OTCMKTS:SMIZF) Drops By 81.2%

Meliá Hotels International, S.A. (OTCMKTS:SMIZF) was the target of a large decline in short interest in the month of February. As of February 13th, there was short interest totaling 325 shares, a decline of 81.2% from the January 29th total of 1,733 shares. Based on an average trading volume of 5,995 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 5,995 shares, the days-to-cover ratio is presently 0.1 days.

Meliá Hotels International Stock Performance

Shares of Meliá Hotels International stock remained flat at $8.86 during trading on Wednesday. Meliá Hotels International has a 1-year low of $6.56 and a 1-year high of $9.64. The business has a 50-day moving average of $9.01 and a 200-day moving average of $8.82.

Meliá Hotels International Company Profile

Meliá Hotels International is a Spain‐based global hospitality company that develops, manages and franchises a diversified portfolio of hotels and resorts. The company’s core activities encompass property ownership, hotel management, and the provision of guest services across various market segments, including urban, resort and all‐inclusive. Meliá’s offerings extend from luxury and lifestyle brands to midscale and economy accommodations, complemented by food and beverage outlets, wellness facilities and event spaces.

Founded in 1956 with the opening of the Hotel Isla Mallorca, the group was established by Gabriel Escarrer Juliá and has since evolved through organic growth and strategic partnerships.