Consorcio ARA, S. A. B. de C. V. (OTCMKTS:CNRFF) Sees Large Drop in Short Interest

Consorcio ARA, S. A. B. de C. V. (OTCMKTS:CNRFF) was the target of a significant decline in short interest in July. As of July 15th, there was short interest totalling 6,400 shares, a decline of 60.5% from the June 30th total of 16,200 shares. Based on an average daily trading volume, of 18,600 shares, the days-to-cover ratio is presently 0.3 days.

Consorcio ARA, S. A. B. de C. V. Price Performance

Shares of OTCMKTS CNRFF remained flat at $0.17 during midday trading on Friday. 13,250 shares of the stock were exchanged, compared to its average volume of 32,017. The stock’s 50-day simple moving average is $0.18 and its 200 day simple moving average is $0.20. Consorcio ARA, S. A. B. de C. V. has a 1-year low of $0.00 and a 1-year high of $0.23.

About Consorcio ARA, S. A. B. de C. V.

Consorcio ARA, S. A. B. de C. V., together with its subsidiaries, designs, constructs, markets, and promotes low-income and middle-income residential housing developments in Mexico. It operates through Real Estate and Shopping Centers divisions. The company also builds, manages, and leases shopping centers, single centers, and mini-shopping centers.