GCC, S.A.B. de C.V. (OTCMKTS:GCWOF) Short Interest Update

GCC, S.A.B. de C.V. (OTCMKTS:GCWOF) was the target of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 70,337 shares, a decrease of 36.1% from the June 30th total of 110,099 shares. Based on an average daily trading volume, of 5,040 shares, the short-interest ratio is presently 14.0 days.

GCC Price Performance

Shares of OTCMKTS GCWOF traded up $0.02 during mid-day trading on Friday, hitting $11.48. 7,304 shares of the company were exchanged, compared to its average volume of 8,634. The stock has a 50 day simple moving average of $11.58 and a 200-day simple moving average of $11.31. GCC has a 1-year low of $9.08 and a 1-year high of $12.43.

Wall Street Analyst Weigh In

Separately, Santander raised GCC to an “outperform” rating in a report on Thursday, June 11th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy”.

GCC Company Profile

Grupo Cementos de Chihuahua, SAB. de C.V., which trades on the U.S. OTC market as GCWOF, is an integrated producer of cement, ready‐mix concrete, aggregates and asphalt. Founded in 1954 and headquartered in Chihuahua, Mexico, the company has developed a network of cement plants, distribution terminals and quarries to supply a wide range of construction materials. Its product portfolio includes bulk and specialty cements, value‐added concrete solutions and aggregates tailored to residential, commercial and infrastructure projects.

GCC’s operations span multiple Mexican states—including Chihuahua, Durango, Baja California and Sonora—as well as distribution channels in select U.S.