FIBRA Macquarie México (OTCMKTS:DBMBF) Short Interest Up 35.2% in March

FIBRA Macquarie México (OTCMKTS:DBMBF) was the target of a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 1,118,788 shares, an increase of 35.2% from the February 26th total of 827,233 shares. Based on an average trading volume of 223,374 shares, the short-interest ratio is presently 5.0 days.

FIBRA Macquarie México Trading Up 1.7%

OTCMKTS:DBMBF traded up $0.04 during trading hours on Friday, reaching $2.31. 1,795 shares of the stock were exchanged, compared to its average volume of 52,908. The firm has a 50 day simple moving average of $2.25 and a 200-day simple moving average of $1.91. FIBRA Macquarie México has a 52 week low of $1.29 and a 52 week high of $2.76.

Analysts Set New Price Targets

Separately, Scotiabank raised shares of FIBRA Macquarie México to an “outperform” rating in a research note on Wednesday, December 10th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy”.

About FIBRA Macquarie México

FIBRA Macquarie México is a Mexican real estate investment trust (FIBRA) that acquires, develops and manages income-producing properties across Mexico. Structured under Mexico’s FIBRA regime, the trust focuses on generating stable, long-term rental income through a diversified portfolio of industrial, office and retail assets. Its core business activities include property sourcing, asset management, tenant relations and lease administration, all overseen by Macquarie Asset Management.

The trust’s portfolio spans key economic regions in Mexico, including the Mexico City metropolitan area, the Bajío region, Guadalajara and Monterrey.