Short Interest in Grupo Traxión, S.A.B. de C.V. (OTCMKTS:GRPOF) Declines By 10.7%

Grupo Traxión, S.A.B. de C.V. (OTCMKTS:GRPOF) was the target of a significant decline in short interest during the month of November. As of November 15th, there was short interest totalling 2,003,300 shares, a decline of 10.7% from the October 31st total of 2,243,200 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Grupo Traxión Price Performance

OTCMKTS:GRPOF remained flat at $0.87 during midday trading on Tuesday. Grupo Traxión has a 1-year low of $0.87 and a 1-year high of $2.05. The stock’s 50 day simple moving average is $1.02 and its 200-day simple moving average is $1.29.

Grupo Traxión Company Profile

Grupo Traxión, SAB. de C.V. operates as a mobility and logistics company in Mexico. It operates through Cargo, Logistics Solution, and Personnel and Student Transportation segments. The company offers dry and refrigerated boxes, hoppers, platforms, mid-range units, intermodal and multimodal, imports and exports, domestic distribution, cross-borders, ports, cross docks, and door-to-door freight services; logistics integration services, such as land management, control tower, networks consultancy, eCommerce, domestic trips, imports and exports, consolidated, specialized, storage, cold chain, in-house, cargo, door-to-door, land, air, and maritime services; and warehousing services, including dedicated warehousing, shared warehouses, platform crossings, inventory management, product unloading and loading, finishing and raw materials, exports shipping, inverse logistics, automated and aleatory systems, and collection by radiofrequency and/or voice, as well as copacking and production for exports, such as labeling, product assembling, promotional materials, thermal-forming, and sealing.