FIBRA Macquarie México (OTCMKTS:DBMBF) Short Interest Up 836.3% in January

FIBRA Macquarie México (OTCMKTS:DBMBF) saw a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 860,429 shares, an increase of 836.3% from the January 15th total of 91,897 shares. Based on an average daily volume of 24,837 shares, the short-interest ratio is currently 34.6 days. Based on an average daily volume of 24,837 shares, the short-interest ratio is currently 34.6 days.

FIBRA Macquarie México Stock Performance

FIBRA Macquarie México stock opened at $2.47 on Thursday. FIBRA Macquarie México has a twelve month low of $1.29 and a twelve month high of $2.51. The stock’s 50 day moving average is $1.90 and its 200 day moving average is $1.77.

Analysts Set New Price Targets

Separately, Scotiabank upgraded shares of FIBRA Macquarie México to an “outperform” rating in a report on Wednesday, December 10th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy”.

FIBRA Macquarie México Company Profile

FIBRA Macquarie México is a Mexican real estate investment trust (FIBRA) that acquires, develops and manages income-producing properties across Mexico. Structured under Mexico’s FIBRA regime, the trust focuses on generating stable, long-term rental income through a diversified portfolio of industrial, office and retail assets. Its core business activities include property sourcing, asset management, tenant relations and lease administration, all overseen by Macquarie Asset Management.

The trust’s portfolio spans key economic regions in Mexico, including the Mexico City metropolitan area, the Bajío region, Guadalajara and Monterrey.