Short Interest in Fibra UNO (OTCMKTS:FBASF) Drops By 38.8%

Fibra UNO (OTCMKTS:FBASF) was the target of a significant decline in short interest in the month of January. As of January 31st, there was short interest totalling 2,577,400 shares, a decline of 38.8% from the January 15th total of 4,208,200 shares. Based on an average trading volume of 105,800 shares, the days-to-cover ratio is presently 24.4 days.

Fibra UNO Price Performance

FBASF opened at $1.19 on Friday. Fibra UNO has a 12 month low of $0.96 and a 12 month high of $1.90. The business has a 50 day simple moving average of $1.05 and a 200-day simple moving average of $1.13.

About Fibra UNO

Fibra Uno (Mexbol: FUNO11; Bloomberg: FUNO11:MM) is the first and largest FIBRA in the Mexican market. It operates and develops a wide range of properties f or leasing, mainly in the industrial, commercial and office segments. As of September 30, 2023, FUNO had a portfolio of 613 operations that totaled 11 million m2 with a presence in all states of the Mexican Republic.