Promotora y Operadora de Infraestructura, S. A. B. de C. V. (OTCMKTS:PUODY) Sees Significant Growth in Short Interest

Promotora y Operadora de Infraestructura, S. A. B. de C. V. (OTCMKTS:PUODY) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 124 shares, an increase of 1,277.8% from the September 15th total of 9 shares. Based on an average daily trading volume, of 55 shares, the short-interest ratio is currently 2.3 days.

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

Promotora y Operadora de Infraestructura, S. A. B. de C. V. stock traded up $4.90 during midday trading on Friday, reaching $307.50. The stock had a trading volume of 6 shares, compared to its average volume of 160. The stock’s 50-day simple moving average is $307.38 and its 200 day simple moving average is $316.98. Promotora y Operadora de Infraestructura, S. A. B. de C. V. has a twelve month low of $246.68 and a twelve month high of $359.88.

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 engaged primarily in the development, operation and maintenance of transportation infrastructure. Through its subsidiaries and concession agreements, the company operates toll highways, bridges and other road-related facilities in Mexico.

Pinfra also provides construction and infrastructure services, including the development and improvement of roads and related projects. Its business activities have included the operation of port facilities and the production or supply of construction materials used in infrastructure projects, supporting an integrated model that combines concessions with construction capabilities.

The company’s operations are concentrated in Mexico, where it manages infrastructure projects under long-term government concessions.