Short Interest in Grupo México, S.A.B. de C.V. (OTCMKTS:GMBXF) Increases By 1,479.9%

Grupo México, S.A.B. de C.V. (OTCMKTS:GMBXF) was the recipient of a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 5,521,600 shares, an increase of 1,479.9% from the November 15th total of 349,500 shares. Based on an average daily volume of 36,500 shares, the short-interest ratio is presently 151.3 days.

Grupo México Price Performance

OTCMKTS:GMBXF traded down $0.15 during mid-day trading on Wednesday, reaching $5.21. The stock had a trading volume of 13,806 shares, compared to its average volume of 14,912. Grupo México has a twelve month low of $4.32 and a twelve month high of $7.00. The business has a 50 day simple moving average of $5.30 and a 200 day simple moving average of $5.46.

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.