Short Interest Update on Belmond Ltd. (BEL)

Belmond Ltd. (BEL) : Traders are negative on Belmond Ltd. (BEL), as it has 4% of short positions outstanding compared to its float. The total shorts have reduced by -225,768 shares, which is a -6.6% reduction. From Jul 29, 2016, to August 15, 2016, the shorts came down from,3,397,848 to 3,172,080 shares. While the daily trading volume of the stock is 412,281, there are 8 days remaining to cover the open short positions. The short interest indicates that the traders dont see a large downside in the stock from the current levels. The short interest information was released on Wednesday Aug 24th after the market close.

Belmond Ltd. (NYSE:BEL): The stock opened at $11.47 on Wednesday but the bulls could not build on the opening and the stock topped out at $11.55 for the day. The stock traded down to $11.45 during the day, due to lack of any buying support eventually closed down at $11.47 with a loss of -0.35% for the day. The stock had closed at $11.51 on the previous day. The total traded volume was 211,857 shares.


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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