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) was the recipient of a significant increase in short interest in October. As of October 31st, there was short interest totalling 3,627,500 shares, an increase of 123.2% from the October 15th total of 1,625,100 shares. Based on an average daily volume of 23,700 shares, the short-interest ratio is presently 153.1 days.

Grupo México Price Performance

Shares of OTCMKTS:GMBXF traded down $0.05 during trading on Wednesday, hitting $4.99. 4,463 shares of the stock were exchanged, compared to its average volume of 14,784. Grupo México has a 12-month low of $4.20 and a 12-month high of $7.00. The company has a fifty day moving average price of $5.43 and a two-hundred day moving average price of $5.63.

Grupo México Company Profile

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.