Short Interest in FIBRA Macquarie México (OTCMKTS:DBMBF) Expands By 408.4%

FIBRA Macquarie México (OTCMKTS:DBMBF) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totaling 614,012 shares, an increase of 408.4% from the April 15th total of 120,785 shares. Based on an average daily volume of 5,268 shares, the days-to-cover ratio is presently 116.6 days.

FIBRA Macquarie México Stock Performance

Shares of OTCMKTS DBMBF opened at $2.52 on Wednesday. FIBRA Macquarie México has a 1 year low of $1.29 and a 1 year high of $2.76. The firm’s 50 day moving average price is $2.45 and its 200 day moving average price is $2.07.

Analysts Set New Price Targets

Separately, Macquarie Infrastructure lowered shares of FIBRA Macquarie México from an “overweight” rating to a “neutral” rating in a report on Sunday, April 26th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, FIBRA Macquarie México has an average rating of “Moderate 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.