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

Grupo Traxión, S.A.B. de C.V. (OTCMKTS:GRPOFGet Free Report) was the recipient of a significant decline in short interest in December. As of December 15th, there was short interest totaling 1,401,501 shares, a decline of 22.0% from the November 30th total of 1,797,867 shares. Based on an average daily trading volume, of 13,691 shares, the short-interest ratio is presently 102.4 days. Based on an average daily trading volume, of 13,691 shares, the short-interest ratio is presently 102.4 days.

Grupo Traxión Stock Performance

Shares of GRPOF remained flat at $0.77 during midday trading on Wednesday. The business has a 50-day moving average of $0.80 and a 200 day moving average of $0.85. Grupo Traxión has a 12-month low of $0.70 and a 12-month high of $1.01.

Grupo Traxión Company Profile

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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.

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