GCC, S.A.B. de C.V. (OTCMKTS:GCWOF) Short Interest Up 84.8% in March

GCC, S.A.B. de C.V. (OTCMKTS:GCWOF) was the target of a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 1,109,800 shares, a growth of 84.8% from the March 15th total of 600,500 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

GCC Price Performance

Shares of OTCMKTS GCWOF remained flat at $8.76 during mid-day trading on Thursday. GCC has a 1-year low of $7.60 and a 1-year high of $12.00. The company’s 50-day moving average price is $9.07 and its two-hundred day moving average price is $8.79.

GCC Company Profile

GCC, SAB. de C.V., through its subsidiaries, produces, distributes, and sells gray Portland cement, ready-mix concrete, aggregates, and other building construction materials in Mexico and the United States. It offers cement; ready mix concrete, energy; building materials; and asphalt. The company also provides special products comprising Komponent, a shrinkage-compensating, expanding concrete additive; Metaforce, a reactive and consistent pozzolan that is used as an alternative for fly ash; Microsilex to be used in bridge decks and paving; Rapid Set, a solution for concrete applications; and Versabind, a cementitious that is used as filler in asphalt mixes as a replacement for lime.