GCC, S.A.B. de C.V. (OTCMKTS:GCWOF – Get Free Report) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 61,127 shares, a growth of 109.1% from the September 15th total of 29,227 shares. Based on an average daily volume of 2,982 shares, the days-to-cover ratio is currently 20.5 days.
GCC Price Performance
OTCMKTS:GCWOF remained flat at $9.64 during midday trading on Thursday. The company’s 50 day moving average is $10.82 and its 200-day moving average is $11.28. GCC has a 1-year low of $9.64 and a 1-year high of $12.43.
About GCC
GCC, SAB. de C.V., formerly known as Grupo Cementos de Chihuahua, is a building materials company that produces and distributes cement and related products. Its offerings include cement, ready-mix concrete, aggregates, concrete products and other materials used in residential, commercial and infrastructure construction.
The company serves customers in Mexico and the United States through manufacturing plants, distribution facilities and logistics operations in its markets. GCC supplies ready-mix producers, contractors, concrete-product manufacturers, industrial customers and retail channels.
Founded in 1941 in Chihuahua, Mexico, GCC has expanded from a regional cement producer into an international building materials supplier.
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