GCC, S.A.B. de C.V. (OTCMKTS:GCWOF) Sees Significant Drop in Short Interest

GCC, S.A.B. de C.V. (OTCMKTS:GCWOF) saw a large decrease in short interest in March. As of March 13th, there was short interest totaling 33,006 shares, a decrease of 85.9% from the February 26th total of 234,087 shares. Based on an average daily volume of 18,040 shares, the days-to-cover ratio is currently 1.8 days. Based on an average daily volume of 18,040 shares, the days-to-cover ratio is currently 1.8 days.

GCC Price Performance

Shares of GCC stock remained flat at $10.05 during trading on Tuesday. 2,366 shares of the company traded hands, compared to its average volume of 8,893. GCC has a one year low of $8.76 and a one year high of $12.00. The firm’s 50 day moving average is $11.01 and its 200-day moving average is $9.86.

GCC Company Profile

Grupo Cementos de Chihuahua, SAB. de C.V., which trades on the U.S. OTC market as GCWOF, is an integrated producer of cement, ready‐mix concrete, aggregates and asphalt. Founded in 1954 and headquartered in Chihuahua, Mexico, the company has developed a network of cement plants, distribution terminals and quarries to supply a wide range of construction materials. Its product portfolio includes bulk and specialty cements, value‐added concrete solutions and aggregates tailored to residential, commercial and infrastructure projects.

GCC’s operations span multiple Mexican states—including Chihuahua, Durango, Baja California and Sonora—as well as distribution channels in select U.S.