Grupo Traxión, S.A.B. de C.V. (OTCMKTS:GRPOF) Sees Significant Increase in Short Interest

Grupo Traxión, S.A.B. de C.V. (OTCMKTS:GRPOFGet Free Report) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 177,906 shares, an increase of 129.1% from the June 30th total of 77,671 shares. Based on an average daily volume of 190 shares, the days-to-cover ratio is presently 936.3 days.

Grupo Traxión Price Performance

Grupo Traxión stock remained flat at $0.76 during midday trading on Tuesday. The firm has a fifty day simple moving average of $0.76 and a 200-day simple moving average of $0.75. Grupo Traxión has a 52-week low of $0.70 and a 52-week high of $1.01.

About Grupo Traxión

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Grupo Traxión is a leading integrated transportation and logistics provider based in Mexico. The company offers a comprehensive suite of freight services, including full truckload, intermodal, dedicated fleet, and dry van transportation, serving industries such as automotive, retail, consumer goods, manufacturing and agriculture across its national network.

Beyond core trucking operations, Grupo Traxión delivers value-added solutions such as warehousing, cross-docking, customs brokerage and last-mile delivery.

Further Reading

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