Grupo Traxión, S.A.B. de C.V. (OTCMKTS:GRPOF) Sees Significant Growth in Short Interest

Grupo Traxión, S.A.B. de C.V. (OTCMKTS:GRPOFGet Free Report) was the target of a large growth in short interest in February. As of February 15th, there was short interest totalling 1,643,200 shares, a growth of 26.6% from the January 31st total of 1,298,400 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Grupo Traxión Stock Performance

Shares of GRPOF traded down $0.01 during midday trading on Wednesday, hitting $0.83. 134 shares of the company’s stock traded hands, compared to its average volume of 10,311. Grupo Traxión has a 1 year low of $0.83 and a 1 year high of $1.94. The firm’s fifty day moving average is $0.95 and its 200-day moving average is $1.02.

About Grupo Traxión

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Grupo Traxión, SAB. de C.V. operates as a mobility and logistics company in Mexico. It operates through Cargo, Logistics Solution, and Personnel and Student Transportation segments. The company offers dry and refrigerated boxes, hoppers, platforms, mid-range units, intermodal and multimodal, imports and exports, domestic distribution, cross-borders, ports, cross docks, and door-to-door freight services; logistics integration services, such as land management, control tower, networks consultancy, eCommerce, domestic trips, imports and exports, consolidated, specialized, storage, cold chain, in-house, cargo, door-to-door, land, air, and maritime services; and warehousing services, including dedicated warehousing, shared warehouses, platform crossings, inventory management, product unloading and loading, finishing and raw materials, exports shipping, inverse logistics, automated and aleatory systems, and collection by radiofrequency and/or voice, as well as copacking and production for exports, such as labeling, product assembling, promotional materials, thermal-forming, and sealing.

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