Short Interest in Meliá Hotels International, S.A. (OTCMKTS:SMIZF) Drops By 16.7%

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

Meliá Hotels International Stock Performance

Shares of OTCMKTS SMIZF remained flat at $7.79 during mid-day trading on Thursday. Meliá Hotels International has a 52-week low of $6.00 and a 52-week high of $8.54. The company has a 50-day simple moving average of $7.45 and a two-hundred day simple moving average of $7.24.

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.