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

Meliá Hotels International, S.A. (OTCMKTS:SMIZF) was the target of a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 3,000 shares, a decline of 16.7% from the December 15th total of 3,600 shares. Based on an average daily volume of 400 shares, the short-interest ratio is currently 7.5 days.

Meliá Hotels International Stock Performance

OTCMKTS:SMIZF remained flat at $7.79 during mid-day trading on Friday. The company has a fifty day moving average of $7.48 and a 200 day moving average of $7.24. Meliá Hotels International has a 1 year low of $6.00 and a 1 year high of $8.54.

Meliá Hotels International Company Profile

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.