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

Grupo México, S.A.B. de C.V. (OTCMKTS:GMBXF) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 1,913,200 shares, an increase of 85.3% from the September 15th total of 1,032,500 shares. Based on an average daily trading volume, of 14,200 shares, the days-to-cover ratio is presently 134.7 days.

Grupo México Price Performance

Shares of GMBXF stock opened at $5.78 on Monday. Grupo México has a 12 month low of $4.02 and a 12 month high of $7.00. The company’s fifty day simple moving average is $5.43 and its 200-day simple moving average is $5.74.

Grupo México Company Profile

Grupo México, SAB. de C.V. engages in copper production, cargo transportation, and infrastructure businesses worldwide. The company operates through Mining, Transportation, and Infrastructure divisions. The Mining division explores for copper, silver, molybdenum, zinc, sulfuric acid, gold, and selenium.