Gestamp Automoción, S.A. (OTCMKTS:GMPUF) Short Interest Up 97.1% in November

Gestamp Automoción, S.A. (OTCMKTS:GMPUF) was the target of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 6,900 shares, a growth of 97.1% from the October 31st total of 3,500 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 69.0 days.

Gestamp Automoción Price Performance

Shares of GMPUF stock remained flat at $2.75 on Thursday. Gestamp Automoción has a 1 year low of $2.65 and a 1 year high of $3.65. The business’s 50 day simple moving average is $2.75 and its two-hundred day simple moving average is $2.83.

About Gestamp Automoción

Gestamp Automoción, SA designs, develops, manufactures, and sells metal automotive components in Western Europe, Eastern Europe, Mercosur, North America, and Asia. The company offers body-in-white products, such as bonnets, roofs, doors, and mudguards, as well as other surface and assembly parts; and structural and crash-related elements that include floors, pillars, rails, and wheel arches.