Fibra UNO (OTCMKTS:FBASF) Sees Significant Drop in Short Interest

Fibra UNO (OTCMKTS:FBASF) was the recipient of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 379,164 shares, a decrease of 55.2% from the December 15th total of 845,696 shares. Based on an average daily trading volume, of 49,542 shares, the days-to-cover ratio is currently 7.7 days. Based on an average daily trading volume, of 49,542 shares, the days-to-cover ratio is currently 7.7 days.

Fibra UNO Price Performance

Shares of OTCMKTS FBASF traded up $0.10 during midday trading on Wednesday, hitting $1.61. 1,653 shares of the stock traded hands, compared to its average volume of 5,350. Fibra UNO has a one year low of $0.98 and a one year high of $1.90. The firm has a 50-day moving average of $1.49 and a two-hundred day moving average of $1.47.

Analyst Ratings Changes

Separately, Barclays reaffirmed an “overweight” rating on shares of Fibra UNO in a research report on Thursday, November 20th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy”.

Fibra UNO Company Profile

Fibra UNO (OTCMKTS: FBASF) is Mexico’s first real estate investment trust (REIT), established in March 2011. Headquartered in Mexico City, the company specializes in the acquisition, development and management of income-producing real estate assets. As a pioneer in the Mexican market, Fibra UNO introduced the FIBRA structure to provide investors with transparent access to a diversified property portfolio.

The company’s portfolio spans multiple asset classes, including office buildings, retail shopping centers, industrial warehouses, residential and hospitality properties.