Grupo Traxión, S.A.B. de C.V. (OTCMKTS:GRPOF) Sees Significant Increase in Short Interest

Grupo Traxión, S.A.B. de C.V. (OTCMKTS:GRPOF) saw a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 1,643,200 shares, a growth of 26.6% from the January 31st total of 1,298,400 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Grupo Traxión Stock Performance

Shares of GRPOF opened at $0.85 on Friday. The company has a 50-day simple moving average of $0.95 and a two-hundred day simple moving average of $1.02. Grupo Traxión has a one year low of $0.83 and a one year high of $1.94.

About Grupo Traxión

Grupo Traxión, SAB. de C.V. operates as a mobility and logistics company in Mexico. It operates through Cargo, Logistics Solution, and Personnel and Student Transportation segments. The company offers dry and refrigerated boxes, hoppers, platforms, mid-range units, intermodal and multimodal, imports and exports, domestic distribution, cross-borders, ports, cross docks, and door-to-door freight services; logistics integration services, such as land management, control tower, networks consultancy, eCommerce, domestic trips, imports and exports, consolidated, specialized, storage, cold chain, in-house, cargo, door-to-door, land, air, and maritime services; and warehousing services, including dedicated warehousing, shared warehouses, platform crossings, inventory management, product unloading and loading, finishing and raw materials, exports shipping, inverse logistics, automated and aleatory systems, and collection by radiofrequency and/or voice, as well as copacking and production for exports, such as labeling, product assembling, promotional materials, thermal-forming, and sealing.