Axtel, S.A.B. de C.V. (OTCMKTS:AXTLF) Short Interest Update

Axtel, S.A.B. de C.V. (OTCMKTS:AXTLF) was the recipient of a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 8,200 shares, an increase of 78.3% from the March 15th total of 4,600 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Axtel Price Performance

Axtel has a twelve month low of $0.10 and a twelve month high of $0.10. The company’s fifty day moving average is $0.10.

Analyst Upgrades and Downgrades

Separately, Scotiabank downgraded shares of Axtel to a “sector perform” rating in a research report on Thursday, March 27th.

Axtel Company Profile

AXTEL SAB de CV engages in the provision of public telecommunication services. It operates through the following segments: Business Operation and Government. The Business Operation segment offers communication services and value-added services, such as information, data and internet technologies for both local and international businesses.