Short Interest in FIBRA Macquarie México (OTCMKTS:DBMBF) Declines By 83.8%

FIBRA Macquarie México (OTCMKTS:DBMBFGet Free Report) was the target of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 45,167 shares, a decline of 83.8% from the July 15th total of 279,622 shares. Based on an average trading volume of 397,383 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analyst Weigh In

Separately, Macquarie Infrastructure cut FIBRA Macquarie México from an “overweight” rating to a “neutral” rating in a research note on Sunday, April 26th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Read Our Latest Report on DBMBF

FIBRA Macquarie México Stock Performance

Shares of FIBRA Macquarie México stock opened at $2.52 on Wednesday. FIBRA Macquarie México has a twelve month low of $1.29 and a twelve month high of $2.76. The business’s 50 day simple moving average is $2.52 and its 200-day simple moving average is $2.43.

About FIBRA Macquarie México

(Get Free Report)

FIBRA Macquarie México is a Mexican real estate investment trust (FIBRA) that acquires, develops and manages income-producing properties across Mexico. Structured under Mexico’s FIBRA regime, the trust focuses on generating stable, long-term rental income through a diversified portfolio of industrial, office and retail assets. Its core business activities include property sourcing, asset management, tenant relations and lease administration, all overseen by Macquarie Asset Management.

The trust’s portfolio spans key economic regions in Mexico, including the Mexico City metropolitan area, the Bajío region, Guadalajara and Monterrey.

Further Reading

Receive News & Ratings for FIBRA Macquarie México Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FIBRA Macquarie México and related companies with MarketBeat.com's FREE daily email newsletter.