GMéxico Transportes, S.A.B. de C.V. (OTCMKTS:GMXTF – Get Free Report) was the target of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 16 shares, a decline of 81.6% from the April 30th total of 87 shares. Based on an average trading volume of 13 shares, the days-to-cover ratio is currently 1.2 days.
GMéxico Transportes Price Performance
Shares of GMéxico Transportes stock opened at $2.43 on Thursday. The firm’s fifty day simple moving average is $2.43 and its 200-day simple moving average is $2.43. GMéxico Transportes has a 12 month low of $1.23 and a 12 month 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.
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