Meliá Hotels International, S.A. (OTCMKTS:SMIZF) Short Interest Update

Meliá Hotels International, S.A. (OTCMKTS:SMIZF) saw a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 339 shares, a growth of 111.9% from the December 31st total of 160 shares. Based on an average daily trading volume, of 7 shares, the days-to-cover ratio is presently 48.4 days. Based on an average daily trading volume, of 7 shares, the days-to-cover ratio is presently 48.4 days.

Meliá Hotels International Trading Up 4.3%

Shares of OTCMKTS:SMIZF opened at $9.26 on Friday. The company’s 50-day moving average price is $8.75 and its 200 day moving average price is $8.81. Meliá Hotels International has a fifty-two week low of $6.56 and a fifty-two week high of $9.26.

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.