Short Interest in GCC, S.A.B. de C.V. (OTCMKTS:GCWOF) Drops By 38.2%

GCC, S.A.B. de C.V. (OTCMKTS:GCWOF) saw a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 84,400 shares, a decrease of 38.2% from the November 30th total of 136,600 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 844.0 days.

GCC Stock Performance

GCC stock opened at $9.21 on Friday. GCC has a 1-year low of $7.60 and a 1-year high of $12.00. The firm’s fifty day simple moving average is $8.65 and its 200-day simple moving average is $8.61.

About GCC

GCC, SAB. de C.V., through its subsidiaries, produces, distributes, and sells gray Portland cement, ready-mix concrete, aggregates, and other building construction materials in Mexico and the United States. It offers cement; ready mix concrete, energy; building materials; and asphalt. The company also provides special products comprising Komponent, a shrinkage-compensating, expanding concrete additive; Metaforce, a reactive and consistent pozzolan that is used as an alternative for fly ash; Microsilex to be used in bridge decks and paving; Rapid Set, a solution for concrete applications; and Versabind, a cementitious that is used as filler in asphalt mixes as a replacement for lime.