Grupo México, S.A.B. de C.V. (OTCMKTS:GMBXF) Short Interest Up 147.6% in February

Grupo México, S.A.B. de C.V. (OTCMKTS:GMBXF) was the target of a large growth in short interest in February. As of February 15th, there was short interest totalling 1,978,400 shares, a growth of 147.6% from the January 31st total of 798,900 shares. Based on an average trading volume of 72,000 shares, the days-to-cover ratio is currently 27.5 days.

Grupo México Price Performance

Shares of OTCMKTS:GMBXF opened at $4.71 on Friday. The business’s 50 day simple moving average is $5.00 and its 200-day simple moving average is $5.20. Grupo México has a 12 month low of $4.65 and a 12 month high of $7.00.

About Grupo México

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.