Grupo Traxión, S.A.B. de C.V. (OTCMKTS:GRPOF – Get Free Report) was the recipient of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 27,187 shares, a decline of 69.2% from the September 30th total of 88,271 shares. Based on an average daily volume of 113,308 shares, the days-to-cover ratio is presently 0.2 days.
Grupo Traxión Stock Performance
Shares of GRPOF opened at $0.69 on Wednesday. Grupo Traxión has a fifty-two week low of $0.69 and a fifty-two week high of $1.01. The company’s fifty day moving average is $0.71 and its two-hundred day moving average is $0.74.
Grupo Traxión Company Profile
Grupo Traxión, SAB. de C.V. is a Mexico-based transportation and logistics company that provides mobility, freight, and supply-chain services. Its operations support businesses, public-sector organizations, and individual passengers through a network of transportation and logistics solutions.
The company’s services include dedicated freight transportation, distribution, warehousing, last-mile delivery, and logistics management. It also provides employee and student transportation, passenger mobility, and other specialized transportation services through its operating businesses and brands.
Founded in 2011, Grupo Traxión has expanded by building and acquiring businesses across Mexico’s transportation and logistics markets.
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