GCC, S.A.B. de C.V. (OTCMKTS:GCWOF) Short Interest Up 1,382.7% in March

GCC, S.A.B. de C.V. (OTCMKTS:GCWOF) was the target of a large increase in short interest in March. As of March 15th, there was short interest totalling 600,500 shares, an increase of 1,382.7% from the February 28th total of 40,500 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

GCC Price Performance

GCWOF stock remained flat at $9.15 during midday trading on Thursday. GCC has a 52-week low of $7.60 and a 52-week high of $12.00. The firm’s fifty day moving average is $9.15 and its two-hundred day moving average is $8.70.

GCC Company Profile

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.