Short Interest in Grupo México, S.A.B. de C.V. (OTCMKTS:GMBXF) Decreases By 90.4%

Grupo México, S.A.B. de C.V. (OTCMKTS:GMBXF) was the target of a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 349,500 shares, a decrease of 90.4% from the October 31st total of 3,627,500 shares. Based on an average daily volume of 43,300 shares, the days-to-cover ratio is presently 8.1 days.

Grupo México Price Performance

OTCMKTS:GMBXF traded down $0.08 on Wednesday, reaching $4.78. 5,331 shares of the company’s stock were exchanged, compared to its average volume of 14,984. The stock has a fifty day simple moving average of $5.38 and a 200-day simple moving average of $5.54. Grupo México has a 52 week low of $4.23 and a 52 week high of $7.00.

About Grupo México

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.