Grupo México, S.A.B. de C.V. (OTCMKTS:GMBXF - Get Free Report) was the target of a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 341,800 shares, a drop of 87.2% from the December 31st 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 Down 0.4 %
Shares of GMBXF stock traded down $0.02 during trading on Friday, hitting $4.88. 2,456 shares of the stock traded hands, compared to its average volume of 26,257. Grupo México has a 52-week low of $4.65 and a 52-week high of $7.00. The firm's fifty day moving average price is $4.98 and its 200-day moving average price is $5.27.
About Grupo México
(
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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.
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