Murano Global BV (NASDAQ:MRNO – Get Free Report) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 753,573 shares, an increase of 441.7% from the April 30th total of 139,101 shares. Based on an average daily volume of 31,106,251 shares, the short-interest ratio is presently 0.0 days. Approximately 3.3% of the company’s shares are sold short.
Murano Global BV Price Performance
NASDAQ MRNO traded up $0.02 during trading hours on Thursday, reaching $0.31. 192,628 shares of the company’s stock traded hands, compared to its average volume of 6,455,234. The company has a current ratio of 0.26, a quick ratio of 0.26 and a debt-to-equity ratio of 0.01. Murano Global BV has a 52-week low of $0.22 and a 52-week high of $12.07. The firm has a 50-day simple moving average of $0.42 and a 200 day simple moving average of $0.95.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Murano Global BV stock. Clear Street Group Inc. bought a new position in Murano Global BV (NASDAQ:MRNO – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 248,374 shares of the company’s stock, valued at approximately $640,000. Clear Street Group Inc. owned about 0.31% of Murano Global BV as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 11.79% of the company’s stock.
Analyst Ratings Changes
Get Our Latest Analysis on Murano Global BV
About Murano Global BV
Murano Global BV is a special purpose acquisition company (SPAC) incorporated under the laws of the Netherlands. Its sole purpose is to identify and complete a business combination through a merger, stock exchange, asset acquisition or similar transaction. The company is listed on the NASDAQ under the ticker MRNO and was formed to leverage public capital markets expertise in sourcing and structuring deals.
Sponsored by Murano Partners and its affiliates, Murano Global BV raised capital through its initial public offering in 2021.
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