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

Grupo Traxión, S.A.B. de C.V. (OTCMKTS:GRPOF) was the target of a large decline in short interest in the month of October. As of October 30th, there was short interest totaling 3,871 shares, a decline of 85.8% from the October 15th total of 27,187 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ? days.

Grupo Traxión Stock Performance

Shares of GRPOF remained flat at $0.69 during mid-day trading on Thursday. Grupo Traxión has a 52-week low of $0.69 and a 52-week high of $1.01. The stock’s 50-day moving average price is $0.69 and its 200 day moving average price is $0.74.

Grupo Traxión Company Profile

Grupo Traxión is a Mexico-based transportation and logistics company that provides services through a network of operating businesses. Its offerings include passenger transportation for employees and students, as well as freight and cargo transportation for businesses. The company also provides logistics and supply-chain services, including warehousing, distribution, parcel delivery and third-party logistics. Its operations serve customers across Mexico, with some services supporting cross-border trade.