Murano Global Investments Plc (NASDAQ:MRNOW) Short Interest Down 19.7% in February

Murano Global Investments Plc (NASDAQ:MRNOW) was the target of a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 31,300 shares, a drop of 19.7% from the January 31st total of 39,000 shares. Based on an average daily volume of 34,300 shares, the days-to-cover ratio is presently 0.9 days.

Murano Global Investments Stock Performance

Shares of NASDAQ MRNOW remained flat at $0.25 during mid-day trading on Tuesday. 7,234 shares of the stock traded hands, compared to its average volume of 39,763. Murano Global Investments has a 52-week low of $0.08 and a 52-week high of $0.42. The business has a 50-day moving average of $0.25 and a 200-day moving average of $0.19.

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.