Short Interest in GMéxico Transportes, S.A.B. de C.V. (OTCMKTS:GMXTF) Drops By 81.6%

GMéxico Transportes, S.A.B. de C.V. (OTCMKTS:GMXTFGet Free Report) saw a large drop in short interest in May. As of May 15th, there was short interest totaling 16 shares, a drop of 81.6% from the April 30th total of 87 shares. Based on an average daily trading volume, of 13 shares, the short-interest ratio is presently 1.2 days.

GMéxico Transportes Price Performance

Shares of OTCMKTS GMXTF remained flat at $2.43 during trading hours on Friday. GMéxico Transportes has a 52-week low of $1.23 and a 52-week high of $2.43. The company has a 50 day moving average price of $2.43 and a 200-day moving average price of $2.43.

About GMéxico Transportes

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GMéxico Transportes (OTCMKTS: GMXTF) is the rail transport subsidiary of Grupo México, one of the leading mining and infrastructure conglomerates in Mexico. As the country’s largest private rail operator, the company provides freight transportation services across an extensive network that spans key industrial, agricultural and consumer markets. Its integrated logistics platform connects Mexico’s Pacific and Gulf coasts with the U.S. border, enabling efficient cross-border trade and intermodal operations.

The company’s core operations are organized under two main railroad concessions: Ferromex and Ferrosur.

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