Grupo México, S.A.B. de C.V. (OTCMKTS:GMBXF) Short Interest Down 87.2% in December

Grupo México, S.A.B. de C.V. (OTCMKTS:GMBXF) saw a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 341,800 shares, a drop of 87.2% from the December 15th total of 2,666,500 shares. Based on an average trading volume of 46,500 shares, the days-to-cover ratio is currently 7.4 days.

Grupo México Stock Performance

OTCMKTS:GMBXF traded up $0.03 during trading hours on Monday, hitting $4.94. The company’s stock had a trading volume of 40,759 shares, compared to its average volume of 54,537. Grupo México has a 52-week low of $4.65 and a 52-week high of $7.00. The stock has a fifty day moving average of $5.02 and a 200-day moving average of $5.35.

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.