Fibra UNO (OTCMKTS:FBASF) Sees Large Increase in Short Interest

Fibra UNO (OTCMKTS:FBASF) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totaling 1,866,453 shares, an increase of 392.3% from the December 31st total of 379,164 shares. Based on an average daily trading volume, of 8,059 shares, the days-to-cover ratio is presently 231.6 days. Based on an average daily trading volume, of 8,059 shares, the days-to-cover ratio is presently 231.6 days.

Fibra UNO Price Performance

Shares of OTCMKTS FBASF opened at $1.68 on Friday. The company has a 50-day moving average of $1.52 and a two-hundred day moving average of $1.48. Fibra UNO has a 1-year low of $0.98 and a 1-year high of $1.90.

Wall Street Analyst Weigh In

Separately, Barclays reiterated an “overweight” rating on shares of Fibra UNO in a research report on Thursday, November 20th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy”.

Fibra UNO Company Profile

Fibra UNO (OTCMKTS: FBASF) is Mexico’s first real estate investment trust (REIT), established in March 2011. Headquartered in Mexico City, the company specializes in the acquisition, development and management of income-producing real estate assets. As a pioneer in the Mexican market, Fibra UNO introduced the FIBRA structure to provide investors with transparent access to a diversified property portfolio.

The company’s portfolio spans multiple asset classes, including office buildings, retail shopping centers, industrial warehouses, residential and hospitality properties.