Murano Global Investments Plc (NASDAQ:MRNOW) Short Interest Up 930.9% in July

Murano Global Investments Plc (NASDAQ:MRNOW) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 79,221 shares, a growth of 930.9% from the June 30th total of 7,685 shares. Based on an average trading volume of 46,338 shares, the days-to-cover ratio is currently 1.7 days.

Murano Global Investments Price Performance

Shares of MRNOW traded down $0.01 during midday trading on Friday, reaching $0.01. The stock had a trading volume of 16,098 shares, compared to its average volume of 53,908. The company’s fifty day simple moving average is $0.02 and its two-hundred day simple moving average is $0.04. Murano Global Investments has a 1-year low of $0.00 and a 1-year high of $0.29.

Murano Global Investments Company Profile

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.