Short Interest in GCC, S.A.B. de C.V. (OTCMKTS:GCWOF) Declines By 36.1%

GCC, S.A.B. de C.V. (OTCMKTS:GCWOF) saw a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 70,337 shares, a decrease of 36.1% from the June 30th total of 110,099 shares. Based on an average trading volume of 5,040 shares, the short-interest ratio is presently 14.0 days.

GCC Stock Performance

GCWOF stock opened at $11.46 on Thursday. GCC has a fifty-two week low of $8.83 and a fifty-two week high of $12.43. The stock has a fifty day moving average of $11.59 and a 200-day moving average of $11.31.

Wall Street Analysts Forecast Growth

Separately, Santander raised GCC to an “outperform” rating in a research note on Thursday, June 11th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy”.

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.