Murano Global Investments Plc (NASDAQ:MRNO) Sees Large Decline in Short Interest

Murano Global Investments Plc (NASDAQ:MRNO) was the recipient of a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 3,800 shares, a decrease of 34.5% from the February 13th total of 5,800 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 5,300 shares, the days-to-cover ratio is presently 0.7 days.

Murano Global Investments Price Performance

NASDAQ MRNO traded down $0.41 during trading hours on Monday, reaching $10.37. The company’s stock had a trading volume of 3,259 shares, compared to its average volume of 27,760. Murano Global Investments has a 1-year low of $5.70 and a 1-year high of $38.00. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.21 and a current ratio of 0.53. The company’s 50-day moving average is $11.08 and its two-hundred day moving average is $9.78.

Murano Global Investments Company Profile

Murano Global Investments Plc operates as a real estate company. The firm owns, develops and invests in hotel, resort and commercial properties. It focuses on capturing value at all stages of the real estate cycle. The company is headquartered in London, the United Kingdom.