Axtel, S.A.B. de C.V. (OTCMKTS:AXTLF) Sees Large Increase in Short Interest

Axtel, S.A.B. de C.V. (OTCMKTS:AXTLF) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 15,500 shares, a growth of 14.8% from the September 30th total of 13,500 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 155.0 days.

Axtel Price Performance

The business’s 50-day moving average is $0.10 and its 200-day moving average is $0.07. Axtel has a 52 week low of $0.10 and a 52 week high of $0.10.

Axtel Company Profile

AXTEL SAB de CV engages in the provision of public telecommunication services. It operates through the following segments: Business Operation and Government. The Business Operation segment offers communication services and value-added services, such as information, data and internet technologies for both local and international businesses.