Grupo Traxión, S.A.B. de C.V. (OTCMKTS:GRPOF) Short Interest Update

Grupo Traxión, S.A.B. de C.V. (OTCMKTS:GRPOF) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totalling 2,235,900 shares, a growth of 7.4% from the August 31st total of 2,081,800 shares. Based on an average daily trading volume, of 28,000 shares, the days-to-cover ratio is presently 79.9 days.

Grupo Traxión Stock Performance

Shares of Grupo Traxión stock opened at $1.00 on Monday. The firm’s 50-day simple moving average is $1.28 and its 200-day simple moving average is $1.56. Grupo Traxión has a 1 year low of $1.00 and a 1 year high of $2.05.

About Grupo Traxión

Grupo Traxión, SAB. de C.V. operates as a mobility and logistics company in Mexico. It operates through Cargo, Logistics Solution, and Personnel and Student Transportation segments. The company offers dry and refrigerated boxes, hoppers, platforms, mid-range units, intermodal and multimodal, imports and exports, domestic distribution, cross-borders, ports, cross docks, and door-to-door freight services; logistics integration services, such as land management, control tower, networks consultancy, eCommerce, domestic trips, imports and exports, consolidated, specialized, storage, cold chain, in-house, cargo, door-to-door, land, air, and maritime services; and warehousing services, including dedicated warehousing, shared warehouses, platform crossings, inventory management, product unloading and loading, finishing and raw materials, exports shipping, inverse logistics, automated and aleatory systems, and collection by radiofrequency and/or voice, as well as copacking and production for exports, such as labeling, product assembling, promotional materials, thermal-forming, and sealing.