FIBRA Macquarie México (OTCMKTS:DBMBF) Short Interest Update

FIBRA Macquarie México (OTCMKTS:DBMBF) was the target of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 1,118,788 shares, a growth of 35.2% from the February 26th total of 827,233 shares. Based on an average trading volume of 223,374 shares, the short-interest ratio is currently 5.0 days.

FIBRA Macquarie México Trading Up 1.7%

Shares of FIBRA Macquarie México stock traded up $0.04 during midday trading on Friday, hitting $2.31. The company had a trading volume of 1,795 shares, compared to its average volume of 52,908. FIBRA Macquarie México has a 1-year low of $1.29 and a 1-year high of $2.76. The business’s 50 day simple moving average is $2.25 and its two-hundred day simple moving average is $1.91.

Analyst Upgrades and Downgrades

Separately, Scotiabank raised FIBRA Macquarie México to an “outperform” rating in a research report on Wednesday, December 10th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, FIBRA Macquarie México presently has a consensus rating of “Buy”.

FIBRA Macquarie México Company Profile

FIBRA Macquarie México is a Mexican real estate investment trust (FIBRA) that acquires, develops and manages income-producing properties across Mexico. Structured under Mexico’s FIBRA regime, the trust focuses on generating stable, long-term rental income through a diversified portfolio of industrial, office and retail assets. Its core business activities include property sourcing, asset management, tenant relations and lease administration, all overseen by Macquarie Asset Management.

The trust’s portfolio spans key economic regions in Mexico, including the Mexico City metropolitan area, the Bajío region, Guadalajara and Monterrey.