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

Grupo México, S.A.B. de C.V. (OTCMKTS:GMBXF) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totalling 1,913,200 shares, an increase of 85.3% from the September 15th total of 1,032,500 shares. Based on an average daily trading volume, of 14,200 shares, the days-to-cover ratio is currently 134.7 days.

Grupo México Price Performance

OTCMKTS:GMBXF opened at $5.78 on Monday. Grupo México has a 1-year low of $4.02 and a 1-year high of $7.00. The business’s 50-day moving average price is $5.43 and its two-hundred day moving average price is $5.74.

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.