Promotora y Operadora de Infraestructura, S. A. B. de C. V. (OTCMKTS:PYOIF) Stock Short Interest Drops 62.9%

Promotora y Operadora de Infraestructura, S. A. B. de C. V. (OTCMKTS:PYOIF) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 19,195 shares, a decrease of 62.9% from the September 15th total of 51,673 shares. Based on an average daily volume of 37 shares, the days-to-cover ratio is currently 518.8 days.

Promotora y Operadora de Infraestructura, S. A. B. de C. V. Stock Performance

Shares of PYOIF opened at $13.60 on Wednesday. Promotora y Operadora de Infraestructura, S. A. B. de C. V. has a 12-month low of $13.60 and a 12-month high of $16.46. The business’s fifty day moving average is $15.75 and its 200 day moving average is $16.08.

Promotora y Operadora de Infraestructura, S. A. B. de C. V. Company Profile

Promotora y Operadora de Infraestructura, SAB. de C.V. (Pinfra) is a Mexican infrastructure company focused on the development, construction, operation and maintenance of transportation infrastructure. Its principal activities are conducted through concession arrangements, particularly for toll roads and other public infrastructure projects.

The company’s operations have included the management of toll highways, bridges and related transportation facilities in Mexico. Pinfra has also been associated with infrastructure construction and the production or supply of materials used in its projects, allowing it to participate across several stages of infrastructure development and operation.

Pinfra serves the Mexican market through projects located in various regions of the country.