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

Meliá Hotels International, S.A. (OTCMKTS:SMIZF) was the recipient of a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 160 shares, a decline of 79.2% from the December 15th total of 770 shares. Based on an average daily trading volume, of 288 shares, the short-interest ratio is currently 0.6 days. Based on an average daily trading volume, of 288 shares, the short-interest ratio is currently 0.6 days.

Meliá Hotels International Price Performance

Shares of OTCMKTS SMIZF opened at $9.00 on Tuesday. The business’s fifty day moving average price is $8.64 and its 200-day moving average price is $8.69. Meliá Hotels International has a one year low of $6.56 and a one year high of $9.00.

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.