GCC, S.A.B. de C.V. (OTCMKTS:GCWOF – Get Free Report) was the recipient of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 29,227 shares, a decrease of 72.0% from the August 31st total of 104,415 shares. Based on an average trading volume of 8,030 shares, the days-to-cover ratio is presently 3.6 days.
Analyst Upgrades and Downgrades
Separately, Santander upgraded shares of 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 data from MarketBeat.com, GCC currently has an average rating of “Buy”.
Check Out Our Latest Stock Report on GCWOF
GCC Stock Performance
About GCC
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.
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