Short Interest in Grupo Mexico, S.A.B. de C.V. (OTCMKTS:GMBXF) Drops By 71.3%

Grupo Mexico, S.A.B. de C.V. (OTCMKTS:GMBXF) saw a large decrease in short interest in February. As of February 13th, there was short interest totaling 1,827,408 shares, a decrease of 71.3% from the January 29th total of 6,375,447 shares. Based on an average daily trading volume, of 71,661 shares, the days-to-cover ratio is presently 25.5 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 71,661 shares, the days-to-cover ratio is presently 25.5 days.

Grupo Mexico Trading Up 0.4%

Shares of Grupo Mexico stock traded up $0.05 on Friday, hitting $12.65. 75,278 shares of the company traded hands, compared to its average volume of 35,967. Grupo Mexico has a 12-month low of $4.39 and a 12-month high of $12.76. The company has a 50-day moving average price of $11.04 and a 200 day moving average price of $9.07.

Grupo Mexico Company Profile

Grupo México is a diversified Mexican industrial conglomerate with principal operations in mining, transportation and infrastructure. The company’s core business is the extraction and processing of base and precious metals, while complementary divisions provide freight rail and logistics services across Mexico. Grupo México operates as a vertically integrated enterprise that combines mineral production with the transport and logistics capabilities needed to move bulk commodities to market.

In mining, Grupo México is best known as the parent of Southern Copper Corporation and as one of the world’s larger copper producers.