Short Interest in Grupo México, S.A.B. de C.V. (OTCMKTS:GMBXF) Rises By 123.2%

Grupo México, S.A.B. de C.V. (OTCMKTS:GMBXF) was the target of a large increase in short interest in October. As of October 31st, there was short interest totalling 3,627,500 shares, an increase of 123.2% from the October 15th total of 1,625,100 shares. Based on an average daily volume of 23,700 shares, the days-to-cover ratio is currently 153.1 days.

Grupo México Trading Up 1.5 %

OTCMKTS:GMBXF traded up $0.07 during trading hours on Friday, reaching $5.09. 16,403 shares of the stock were exchanged, compared to its average volume of 14,841. The firm has a 50 day simple moving average of $5.42 and a 200-day simple moving average of $5.62. Grupo México has a 52 week low of $4.23 and a 52 week high of $7.00.

About Grupo México

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.