Grupo Traxión, S.A.B. de C.V. (OTCMKTS:GRPOF) Stock Short Interest Drops 85.8%

Grupo Traxión, S.A.B. de C.V. (OTCMKTS:GRPOF) was the recipient of a large decrease in short interest during the month of October. As of October 30th, there was short interest totaling 3,871 shares, a decrease of 85.8% from the October 15th total of 27,187 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Grupo Traxión Price Performance

GRPOF opened at $0.69 on Wednesday. The company’s 50 day moving average is $0.69 and its 200 day moving average is $0.74. Grupo Traxión has a 12-month low of $0.69 and a 12-month high of $1.01.

About Grupo Traxión

Grupo Traxión is a Mexico-based transportation and logistics company that provides services through a network of operating businesses. Its offerings include passenger transportation for employees and students, as well as freight and cargo transportation for businesses. The company also provides logistics and supply-chain services, including warehousing, distribution, parcel delivery and third-party logistics. Its operations serve customers across Mexico, with some services supporting cross-border trade.