Grupo Traxión, S.A.B. de C.V. (OTCMKTS:GRPOF) Short Interest Down 27.8% in October

Grupo Traxión, S.A.B. de C.V. (OTCMKTS:GRPOF) was the target of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 83,700 shares, a decrease of 27.8% from the September 30th total of 115,900 shares. Based on an average daily volume of 7,300 shares, the days-to-cover ratio is presently 11.5 days. Based on an average daily volume of 7,300 shares, the days-to-cover ratio is presently 11.5 days.

Grupo Traxión Stock Performance

Shares of GRPOF opened at $0.86 on Tuesday. Grupo Traxión has a fifty-two week low of $0.74 and a fifty-two week high of $1.01. The firm’s 50-day simple moving average is $0.79 and its two-hundred day simple moving average is $0.86.

About Grupo Traxión

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.