Grupo México, S.A.B. de C.V. (OTCMKTS:GMBXF) Sees Large Drop in Short Interest

Grupo México, S.A.B. de C.V. (OTCMKTS:GMBXF) saw a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 798,900 shares, a drop of 71.3% from the January 15th total of 2,783,600 shares. Based on an average trading volume of 26,700 shares, the short-interest ratio is currently 29.9 days.

Grupo México Stock Performance

Shares of OTCMKTS GMBXF traded down $0.05 during trading on Wednesday, reaching $5.11. The company had a trading volume of 5,502 shares, compared to its average volume of 32,379. Grupo México has a twelve month low of $4.65 and a twelve month high of $7.00. The stock has a 50-day moving average price of $5.01 and a two-hundred day moving average price of $5.23.

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.