Short Interest in Meliá Hotels International, S.A. (OTCMKTS:SMIZF) Drops By 51.6%

Meliá Hotels International, S.A. (OTCMKTS:SMIZF) was the recipient of a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 3,000 shares, a drop of 51.6% from the February 13th total of 6,200 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 30.0 days.

Meliá Hotels International Stock Performance

Shares of SMIZF opened at $7.25 on Friday. Meliá Hotels International has a one year low of $6.42 and a one year high of $8.54. The company’s fifty day moving average price is $7.20 and its 200 day moving average price is $7.14.

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.