FIBRA Prologis (OTCMKTS:FBBPF) Sees Significant Increase in Short Interest

FIBRA Prologis (OTCMKTS:FBBPF) was the target of a significant growth in short interest in October. As of October 31st, there was short interest totalling 7,680,000 shares, a growth of 237.6% from the October 15th total of 2,274,700 shares. Based on an average daily volume of 15,800 shares, the short-interest ratio is presently 486.1 days.

FIBRA Prologis Price Performance

OTCMKTS:FBBPF traded down $0.04 during midday trading on Tuesday, hitting $3.07. 40,153 shares of the stock were exchanged, compared to its average volume of 10,172. FIBRA Prologis has a one year low of $3.01 and a one year high of $6.00. The business has a 50-day moving average price of $3.35 and a two-hundred day moving average price of $3.54.

FIBRA Prologis Company Profile

FIBRA Prologis is a leading owner and operator of Class-A industrial real estate in Mexico. As of December 31, 2023, FIBRA Prologis was comprised of 235 logistics and manufacturing facilities in six industrial markets in Mexico totaling 46.9 million square feet (4.4 million square meters) of gross leasable area.