Mexico Equity and Income Fund, Inc. (NYSE:MXE) Shares Shorted: Short Interest Down 80.8% in September

Mexico Equity and Income Fund, Inc. (NYSE:MXE) was the target of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 1,005 shares, a decrease of 80.8% from the September 15th total of 5,240 shares. Based on an average daily volume of 3,683 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Mexico Equity and Income Fund stock. Winmill & CO. Inc. purchased a new position in shares of Mexico Equity and Income Fund, Inc. (NYSE:MXE) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 6,000 shares of the investment management company’s stock, valued at approximately $78,000. Winmill & CO. Inc. owned about 0.14% of Mexico Equity and Income Fund at the end of the most recent reporting period.

Mexico Equity and Income Fund Stock Up 0.7%

NYSE MXE opened at $12.59 on Friday. The business has a 50 day moving average price of $13.19 and a 200 day moving average price of $13.26. Mexico Equity and Income Fund has a 1-year low of $11.11 and a 1-year high of $14.30.

About Mexico Equity and Income Fund

Mexico Equity and Income Fund, Inc (NYSE: MXE) is a closed-end investment company focused on Mexico. The fund seeks to provide investors with a combination of current income and long-term capital appreciation by investing primarily in securities issued by Mexican companies and other Mexican entities.

Its portfolio may include Mexican common and preferred stocks, as well as debt securities and other income-producing investments. Through these holdings, the fund provides exposure to businesses operating across Mexico’s economy rather than offering operating products or services of its own.

Mexico Equity and Income Fund is designed for investors seeking diversified exposure to Mexican equity and fixed-income markets through a publicly traded closed-end fund.