Promotora y Operadora de Infraestructura, S. A. B. de C. V. (OTCMKTS:PUODY) Shares Shorted: Short Interest Up 1,277.8% in September

Promotora y Operadora de Infraestructura, S. A. B. de C. V. (OTCMKTS:PUODY) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 124 shares, an increase of 1,277.8% from the September 15th total of 9 shares. Based on an average daily volume of 55 shares, the days-to-cover ratio is presently 2.3 days.

Promotora y Operadora de Infraestructura, S. A. B. de C. V. Price Performance

Shares of PUODY stock traded up $4.90 during mid-day trading on Friday, hitting $307.50. 6 shares of the company’s stock were exchanged, compared to its average volume of 160. Promotora y Operadora de Infraestructura, S. A. B. de C. V. has a fifty-two week low of $246.68 and a fifty-two week high of $359.88. The stock has a 50-day simple moving average of $307.38 and a two-hundred day simple moving average of $316.98.

About Promotora y Operadora de Infraestructura, S. A. B. de C. V.

Promotora y Operadora de Infraestructura, SAB. de C.V. (Pinfra) is a Mexican infrastructure company engaged primarily in the development, operation and maintenance of transportation infrastructure. Through its subsidiaries and concession agreements, the company operates toll highways, bridges and other road-related facilities in Mexico.

Pinfra also provides construction and infrastructure services, including the development and improvement of roads and related projects. Its business activities have included the operation of port facilities and the production or supply of construction materials used in infrastructure projects, supporting an integrated model that combines concessions with construction capabilities.

The company’s operations are concentrated in Mexico, where it manages infrastructure projects under long-term government concessions.