The Mexico Fund, Inc. (NYSE:MXF) Short Interest Up 123.8% in February

The Mexico Fund, Inc. (NYSE:MXF) was the target of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 9,400 shares, an increase of 123.8% from the January 31st total of 4,200 shares. Based on an average daily trading volume, of 81,100 shares, the short-interest ratio is presently 0.1 days.

Insider Transactions at The Mexico Fund

In other The Mexico Fund news, CEO Alberto Osorio purchased 15,000 shares of the company’s stock in a transaction dated Wednesday, January 22nd. The shares were bought at an average price of $13.53 per share, for a total transaction of $202,950.00. Following the purchase, the chief executive officer now directly owns 115,195 shares in the company, valued at $1,558,588.35. This trade represents a 14.97 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. 2.69% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. PFG Investments LLC bought a new stake in shares of The Mexico Fund in the 3rd quarter valued at approximately $174,000. Landscape Capital Management L.L.C. increased its stake in The Mexico Fund by 62.4% in the third quarter. Landscape Capital Management L.L.C. now owns 75,681 shares of the investment management company’s stock valued at $1,142,000 after purchasing an additional 29,079 shares in the last quarter. Public Employees Retirement System of Ohio bought a new stake in shares of The Mexico Fund in the third quarter worth about $4,799,000. Blankinship & Foster LLC bought a new position in The Mexico Fund in the third quarter valued at approximately $160,000. Finally, Matisse Capital boosted its position in shares of The Mexico Fund by 7.7% during the fourth quarter. Matisse Capital now owns 195,000 shares of the investment management company’s stock worth $2,574,000 after buying an additional 14,000 shares during the period.

The Mexico Fund Stock Down 0.4 %

The Mexico Fund stock traded down $0.06 during trading hours on Friday, reaching $14.12. 31,070 shares of the company were exchanged, compared to its average volume of 82,486. The Mexico Fund has a 12 month low of $12.99 and a 12 month high of $19.69. The stock has a 50-day moving average of $13.83 and a 200 day moving average of $14.25.

The Mexico Fund Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 30th. Shareholders of record on Wednesday, January 22nd were issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 6.23%. The ex-dividend date was Wednesday, January 22nd.

About The Mexico Fund

The Mexico Fund, Inc is a closed-ended equity mutual fund launched and managed by Impulsora del Fondo México, S.C. It primarily invests in public equity markets of Mexico. The fund seeks to invest its portfolio across diversified sectors. The Mexico Fund, Inc was formed in June 01, 1981 and is domiciled in Maryland, United States.