Belmond Ltd. June 15th Short Interest Update

The short interest in Belmond Ltd. (NYSE:BEL) has declined from 3,959,410 on May 31,2016 to 3,787,071 on June 15,2016. The change was measured at 172,339 shares or 4.4%. The leftover shorts were 4.6% of the floated shares. The days to cover are 17, given the average daily volume of 228,236 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Belmond Ltd. (NYSE:BEL): The stock opened at $9.80 on Friday but the bulls could not build on the opening and the stock topped out at $9.80 for the day. The stock traded down to $9.41 during the day, due to lack of any buying support eventually closed down at $9.64 with a loss of -2.82% for the day. The stock had closed at $9.92 on the previous day. The total traded volume was 2,031,536 shares.

The company shares have dropped -22.07% from its 1 Year high price. On Jun 29, 2015, the shares registered one year high at $12.68 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $9.44 and the 200 Day Moving Average price is recorded at $9.15.

Belmond Ltd. (NYSE:BEL) has climbed 0.42% in the past week and advanced 1.9% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.08% and the outperformance has advanced to 4.99% for the last 4 weeks period.

Belmond Ltd. (Belmond), formerly Orient-Express Hotels Ltd. is a luxury hotel company and adventure travel operator. Belmond manages around 45 properties, consisting of around 35 individual deluxe hotels, one stand-alone restaurant, six tourist trains and three river/canal cruise businesses. Belmonds 45 properties operate in approximately 22 countries. Belmond operates in six segments: owned hotels-Europe, owned hotels-North America, owned hotels-Rest of World, part-owned/managed hotels, owned trains and cruises, and part-owned/managed trains. Its properties include hotels, such as Belmond Hotel Cipriani, Belmond Hotel Splendido and Belmond Splendido Mare, Belmond Villa San Michele, Belmond Hotel Caruso, Belmond Khwai River Lodge, Belmond Eagle Island Lodge and Belmond Savute Elephant Lodge, among others, and trains and cruises, such as Belmond British Pullman, Belmond Northern Belle, Belmond Royal Scotsman, Belmond Road to Mandalay and Eastern & Oriental Express, among others.

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