Grupo México, S.A.B. de C.V. (OTCMKTS:GMBXF) Short Interest Down 25.5% in February

Grupo México, S.A.B. de C.V. (OTCMKTS:GMBXF) was the recipient of a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 1,473,100 shares, a decrease of 25.5% from the February 13th total of 1,978,400 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 84,600 shares, the days-to-cover ratio is currently 17.4 days.

Analyst Ratings Changes

Separately, Scotiabank raised shares of Grupo México from a “strong sell” rating to a “hold” rating in a report on Monday, March 10th.

Grupo México Stock Up 0.7 %

OTCMKTS GMBXF opened at $5.27 on Tuesday. The firm’s 50-day moving average is $5.04 and its two-hundred day moving average is $5.16. Grupo México has a 12 month low of $4.52 and a 12 month 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.