GMéxico Transportes, S.A.B. de C.V. (OTCMKTS:GMXTF) Sees Significant Increase in Short Interest
by Danessa Lincoln · The Markets DailyGMéxico Transportes, S.A.B. de C.V. (OTCMKTS:GMXTF – Get Free Report) saw a large increase in short interest in December. As of December 15th, there was short interest totaling 7 shares, an increase of 600.0% from the November 30th total of 1 shares. Based on an average daily trading volume, of 13 shares, the short-interest ratio is presently 0.5 days. Based on an average daily trading volume, of 13 shares, the short-interest ratio is presently 0.5 days.
GMéxico Transportes Stock Performance
GMXTF remained flat at $2.43 during midday trading on Friday. The business has a fifty day moving average price of $2.41 and a 200-day moving average price of $1.87. GMéxico Transportes has a 52 week low of $1.23 and a 52 week high of $2.43.
About GMéxico Transportes
GMéxico Transportes (OTCMKTS: GMXTF) is the rail transport subsidiary of Grupo México, one of the leading mining and infrastructure conglomerates in Mexico. As the country’s largest private rail operator, the company provides freight transportation services across an extensive network that spans key industrial, agricultural and consumer markets. Its integrated logistics platform connects Mexico’s Pacific and Gulf coasts with the U.S. border, enabling efficient cross-border trade and intermodal operations.
The company’s core operations are organized under two main railroad concessions: Ferromex and Ferrosur.