Promotora y Operadora de Infraestructura, S. A. B. de C. V. (OTCMKTS:PYOIF) Sees Large Growth in Short Interest

Promotora y Operadora de Infraestructura, S. A. B. de C. V. (OTCMKTS:PYOIF) was the target of a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 164,000 shares, an increase of 63.2% from the March 15th total of 100,500 shares. Based on an average daily volume of 1,300 shares, the days-to-cover ratio is currently 126.2 days.

Promotora y Operadora de Infraestructura, S. A. B. de C. V. Price Performance

Shares of PYOIF stock opened at $8.96 on Friday. The stock’s 50-day moving average price is $8.95 and its 200-day moving average price is $9.07. Promotora y Operadora de Infraestructura, S. A. B. de C. V. has a 12-month low of $8.96 and a 12-month high of $10.27.

Analyst Upgrades and Downgrades

Separately, Scotiabank raised Promotora y Operadora de Infraestructura, S. A. B. de C. V. to a “sector perform” rating in a research note on Friday, March 28th.

Promotora y Operadora de Infraestructura, S. A. B. de C. V. Company Profile

Promotora y Operadora de Infraestructura, S. A. B. de C. V. engages in the construction, operation, maintenance, financing, and promotion of infrastructure projects in Mexico. Its projects include heavy construction projects, such as toll roads, ports, tunnels, dams, bridges, airports, and railways; industrial construction projects comprising petrochemical, industrial, wastewater treatment, and power generating plants; and urban construction projects, such as parking lots, museums, parks, education centers, buildings, water systems, public transportation systems, landfills, and hospitals.