FIBRA Macquarie México (OTCMKTS:DBMBF) Short Interest Up 35.2% in March

FIBRA Macquarie México (OTCMKTS:DBMBF) was the recipient of a significant increase in short interest in March. As of March 13th, there was short interest totaling 1,118,788 shares, an increase of 35.2% from the February 26th total of 827,233 shares. Based on an average daily volume of 223,374 shares, the days-to-cover ratio is currently 5.0 days.

FIBRA Macquarie México Stock Performance

DBMBF stock remained flat at $2.31 during trading on Monday. The company’s stock had a trading volume of 1,795 shares, compared to its average volume of 52,908. The firm’s 50 day moving average is $2.25 and its 200 day moving average is $1.91. FIBRA Macquarie México has a 52 week low of $1.29 and a 52 week high of $2.76.

Analysts Set New Price Targets

Separately, Scotiabank upgraded FIBRA Macquarie México to an “outperform” rating in a report on Wednesday, December 10th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy”.

FIBRA Macquarie México Company Profile

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.