Axtel, S.A.B. de C.V. (OTCMKTS:AXTLF – Get Free Report) saw a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 8,200 shares, a growth of 78.3% from the March 15th total of 4,600 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.
Axtel Stock Performance
Axtel has a 12-month low of $0.10 and a 12-month high of $0.10. The stock’s 50-day moving average price is $0.10.
Wall Street Analyst Weigh In
Separately, Scotiabank cut Axtel to a “sector perform” rating in a report on Thursday, March 27th.
About Axtel
AXTEL SAB de CV engages in the provision of public telecommunication services. It operates through the following segments: Business Operation and Government. The Business Operation segment offers communication services and value-added services, such as information, data and internet technologies for both local and international businesses.
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