Gentera, S.A.B. de C.V. (OTCMKTS:CMPRF) Stock Short Interest Drops 44.2%

Gentera, S.A.B. de C.V. (OTCMKTS:CMPRF) was the target of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 66,164 shares, a decrease of 44.2% from the September 15th total of 118,550 shares. Based on an average daily volume of 5,771 shares, the days-to-cover ratio is presently 11.5 days.

Wall Street Analyst Weigh In

Separately, Barclays reiterated an “overweight” rating on shares of Gentera in a research note on Friday, July 24th. One research analyst has rated the stock with a Buy rating. According to data from MarketBeat, the company currently has a consensus rating of “Buy”.

Gentera Stock Performance

OTCMKTS:CMPRF remained flat at $2.01 during trading hours on Thursday. The company has a fifty day moving average of $2.30 and a 200-day moving average of $2.34. Gentera has a 12 month low of $2.00 and a 12 month high of $2.51.

About Gentera

Gentera, SAB. de C.V. is a Mexican financial services company focused on expanding access to financial products for underserved individuals, families and small businesses. Its operations have historically centered on inclusive banking, microfinance and related services.

Through its Compartamos businesses, Gentera provides products such as personal and group loans, savings accounts, insurance and payment services. The company has served customers primarily in Mexico and has also maintained operations in Peru through Compartamos Financiera.