Short Interest in América Móvil, S.A.B. de C.V. (NYSE:AMOV) Declines By 75.0%

América Móvil, S.A.B. de C.V. (NYSE:AMOV) saw a large decrease in short interest in the month of November. As of November 15th, there was short interest totalling 500 shares, a decrease of 75.0% from the October 31st total of 2,000 shares. Based on an average daily volume of 5,200 shares, the days-to-cover ratio is currently 0.1 days.

Shares of NYSE:AMOV traded down $0.53 during trading on Friday, reaching $16.90. 3,082 shares of the company were exchanged, compared to its average volume of 5,421. The business’s fifty day simple moving average is $17.75 and its 200-day simple moving average is $16.80. América Móvil has a 12-month low of $12.76 and a 12-month high of $19.70.

The business also recently announced a semi-annual dividend, which was paid on Monday, November 15th. Stockholders of record on Friday, November 5th were given a dividend of $0.1974 per share. This represents a dividend yield of 2.3%. The ex-dividend date was Thursday, November 4th.

Large investors have recently modified their holdings of the company. PNC Financial Services Group Inc. boosted its stake in shares of América Móvil by 24.8% during the third quarter. PNC Financial Services Group Inc. now owns 3,084 shares of the company’s stock valued at $55,000 after purchasing an additional 612 shares in the last quarter. US Bancorp DE bought a new position in shares of América Móvil during the second quarter valued at approximately $90,000. Renaissance Technologies LLC boosted its stake in shares of América Móvil by 18.8% during the first quarter. Renaissance Technologies LLC now owns 17,053 shares of the company’s stock valued at $235,000 after purchasing an additional 2,700 shares in the last quarter. Finally, Morgan Stanley boosted its stake in shares of América Móvil by 57.5% during the first quarter. Morgan Stanley now owns 19,579 shares of the company’s stock valued at $269,000 after purchasing an additional 7,145 shares in the last quarter.

América Móvil Company Profile

America Movil SAB de CV engages in the provision of telecommunications services. It offers wireless voice, wireless data and value added services, fixed voice, fixed broadband, fixed data, pay television, and information technology services. The company was founded on September 25, 2000 and is headquartered in Mexico City, Mexico.

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