Grupo México, S.A.B. de C.V. (OTCMKTS:GMBXF) Short Interest Down 87.2% in December

Grupo México, S.A.B. de C.V. (OTCMKTS:GMBXF) was the recipient of a large decrease in short interest during the month of December. As of December 31st, there was short interest totalling 341,800 shares, a decrease of 87.2% from the December 15th total of 2,666,500 shares. Based on an average daily volume of 46,500 shares, the short-interest ratio is currently 7.4 days.

Grupo México Stock Performance

Grupo México stock traded up $0.03 during trading on Monday, reaching $4.94. 40,759 shares of the company were exchanged, compared to its average volume of 54,537. Grupo México has a 52-week low of $4.65 and a 52-week high of $7.00. The stock’s 50 day simple moving average is $5.02 and its two-hundred day simple moving average is $5.35.

Grupo México Company Profile

Grupo México, SAB. de C.V. engages in copper production, cargo transportation, and infrastructure businesses worldwide. The company operates through Mining, Transportation, and Infrastructure divisions. The Mining division explores for copper, silver, molybdenum, zinc, sulfuric acid, gold, and selenium.