Murano Global Investments Plc (NASDAQ:MRNOW) Sees Large Growth in Short Interest

Murano Global Investments Plc (NASDAQ:MRNOW) saw a large increase in short interest in December. As of December 31st, there was short interest totaling 21,160 shares, an increase of 42.0% from the December 15th total of 14,899 shares. Based on an average trading volume of 49,755 shares, the days-to-cover ratio is presently 0.4 days. Based on an average trading volume of 49,755 shares, the days-to-cover ratio is presently 0.4 days.

Murano Global Investments Stock Performance

MRNOW traded up $0.02 during midday trading on Friday, hitting $0.07. 55,861 shares of the company traded hands, compared to its average volume of 108,960. Murano Global Investments has a 52-week low of $0.01 and a 52-week high of $0.42. The business has a 50 day simple moving average of $0.05 and a two-hundred day simple moving average of $0.13.

About Murano Global Investments

Murano Global Investments Plc, a real estate company, owns, develops, and invests in hotel, resort, and commercial properties in Mexico. Its portfolio includes the Hotel Andaz (operated by Hyatt) and Hotel Mondrian (operated by Accor) in Mexico City, as well as luxury projects in Cancun, which includes the Grand Island I hotel project under the Hyatt’s Vivid and Dreams brands, and a project in Baja. The company was founded in 1996 and is headquartered in London, the United Kingdom.