GCC, S.A.B. de C.V. (OTCMKTS:GCWOF) Short Interest Up 297.6% in November

GCC, S.A.B. de C.V. (OTCMKTS:GCWOFGet Free Report) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 252,100 shares, an increase of 297.6% from the October 31st total of 63,400 shares. Based on an average daily trading volume, of 8,400 shares, the days-to-cover ratio is presently 30.0 days.

GCC Price Performance

GCWOF stock remained flat at $8.92 during trading on Friday. The firm has a 50 day moving average price of $8.14 and a two-hundred day moving average price of $8.79. GCC has a one year low of $7.60 and a one year high of $12.00.

About GCC

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GCC, SAB. de C.V., through its subsidiaries, produces, distributes, and sells gray Portland cement, ready-mix concrete, aggregates, and other building construction materials in Mexico and the United States. It offers cement; ready mix concrete, energy; building materials; and asphalt. The company also provides special products comprising Komponent, a shrinkage-compensating, expanding concrete additive; Metaforce, a reactive and consistent pozzolan that is used as an alternative for fly ash; Microsilex to be used in bridge decks and paving; Rapid Set, a solution for concrete applications; and Versabind, a cementitious that is used as filler in asphalt mixes as a replacement for lime.

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