Is Buying Playa Hotels & Resorts N.V. – Ordinary Shares (NASDAQ:PLYA) Here Good Idea?

August 10, 2018 - By Jason Dias

The stock of Playa Hotels & Resorts N.V. – Ordinary Shares (NASDAQ:PLYA) registered a decrease of 40.69% in short interest. PLYA’s total short interest was 363,000 shares in August as published by FINRA. Its down 40.69% from 612,000 shares, reported previously. With 173,000 shares average volume, it will take short sellers 2 days to cover their PLYA’s short positions. The short interest to Playa Hotels & Resorts N.V. – Ordinary Shares’s float is 0.77%.

The stock decreased 0.39% or $0.04 during the last trading session, reaching $10.33. About 188,828 shares traded. Playa Hotels & Resorts N.V. (NASDAQ:PLYA) has risen 3.05% since August 10, 2017 and is uptrending. It has underperformed by 9.52% the S&P500.

Playa Hotels & Resorts N.V. owns, operates, and develops all-inclusive resorts in prime beachfront locations in various vacation destinations in Mexico and the Caribbean. The company has market cap of $1.35 billion. The firm owns, operates, and manages resorts under the Hyatt Ziva, Hyatt Zilara, THE Royal, and Gran brand names. It currently has negative earnings. As of March 14, 2017, it owned a portfolio consisting of 13 resorts consisting of 6,142 rooms located in Mexico, the Dominican Republic, and Jamaica.

Another recent and important Playa Hotels & Resorts N.V. (NASDAQ:PLYA) news was published by Globenewswire.com which published an article titled: “Playa Hotels & Resorts NV Reports Second Quarter 2018 Results” on August 06, 2018.

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