Short Interest in Murano Global Investments Plc (NASDAQ:MRNO) Drops By 24.1%

Murano Global Investments Plc (NASDAQ:MRNO) saw a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 6,600 shares, a drop of 24.1% from the November 30th total of 8,700 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily volume of 4,100 shares, the days-to-cover ratio is presently 1.6 days.

Murano Global Investments Price Performance

Murano Global Investments stock traded down $0.10 during mid-day trading on Friday, reaching $10.20. The stock had a trading volume of 11,275 shares, compared to its average volume of 33,324. The company has a 50-day moving average price of $9.65 and a two-hundred day moving average price of $8.80. Murano Global Investments has a one year low of $5.70 and a one 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.

About Murano Global Investments

HCM Acquisition Corp is a blank check company. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or related business combination with one or more businesses. HCM Acquisition Corp is based in Stamford, Connecticut.