Quálitas Controladora, S.A.B. de C.V. (OTCMKTS:QUCOF) Sees Large Drop in Short Interest

Quálitas Controladora, S.A.B. de C.V. (OTCMKTS:QUCOF) was the recipient of a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 1,475,117 shares, a decline of 51.6% from the April 15th total of 3,045,490 shares. Based on an average daily trading volume, of 3 shares, the short-interest ratio is currently 491,705.7 days.

Quálitas Controladora Stock Performance

Shares of QUCOF remained flat at $9.00 during trading hours on Friday. Quálitas Controladora has a 12-month low of $8.50 and a 12-month high of $10.25. The stock’s 50-day moving average price is $9.00 and its 200 day moving average price is $9.48.

Quálitas Controladora Company Profile

Quálitas Controladora SAB. de C.V. is the holding company for Grupo Quálitas, one of the leading providers of motor vehicle insurance in Mexico. Established in 1994 and headquartered in Mexico City, Quálitas has built a strong reputation for specialized motor insurance offerings, serving individual drivers, corporate fleets and rental companies. Through its underwriting and claims management divisions, the company focuses on delivering tailored coverage and efficient service to its policyholders.

The company’s core activities include issuance of comprehensive and liability-only auto insurance policies, risk assessment, claims adjustment and recovery services.