GCC, S.A.B. de C.V. (OTCMKTS:GCWOF) Sees Large Increase in Short Interest

GCC, S.A.B. de C.V. (OTCMKTS:GCWOF) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 89,600 shares, an increase of 6.2% from the December 31st total of 84,400 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 896.0 days.

GCC Stock Performance

GCWOF stock opened at $9.15 on Wednesday. The company’s 50 day moving average price is $9.08 and its 200 day moving average price is $8.49. GCC has a fifty-two week low of $7.60 and a fifty-two week high of $12.00.

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.