GMéxico Transportes, S.A.B. de C.V. (OTCMKTS:GMXTF – Get Free Report) saw a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 16 shares, a decline of 81.6% from the April 30th total of 87 shares. Based on an average trading volume of 13 shares, the days-to-cover ratio is presently 1.2 days.
GMéxico Transportes Price Performance
Shares of OTCMKTS GMXTF remained flat at $2.43 during trading on Friday. GMéxico Transportes has a 1-year low of $1.23 and a 1-year high of $2.43. The business has a 50-day simple moving average of $2.43 and a 200 day simple moving average of $2.43.
About GMéxico Transportes
GMéxico Transportes (OTCMKTS: GMXTF) is the rail transport subsidiary of Grupo México, one of the leading mining and infrastructure conglomerates in Mexico. As the country’s largest private rail operator, the company provides freight transportation services across an extensive network that spans key industrial, agricultural and consumer markets. Its integrated logistics platform connects Mexico’s Pacific and Gulf coasts with the U.S. border, enabling efficient cross-border trade and intermodal operations.
The company’s core operations are organized under two main railroad concessions: Ferromex and Ferrosur.
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