Short Interest in Quálitas Controladora, S.A.B. de C.V. (OTCMKTS:QUCOF) Rises By 110.8%

Quálitas Controladora, S.A.B. de C.V. (OTCMKTS:QUCOF) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 1,787,673 shares, an increase of 110.8% from the May 31st total of 848,179 shares. Based on an average daily volume of 20 shares, the days-to-cover ratio is presently 89,383.6 days.

Quálitas Controladora Price Performance

Shares of QUCOF opened at $9.10 on Tuesday. The company has a 50-day simple moving average of $9.04 and a 200-day simple moving average of $9.48. Quálitas Controladora has a 52 week low of $8.50 and a 52 week high of $10.25.

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.