Short Interest in FIBRA Prologis (OTCMKTS:FBBPF) Declines By 11.1%

FIBRA Prologis (OTCMKTS:FBBPF) was the target of a large decrease in short interest in the month of June. As of June 15th, there was short interest totalling 4,989,600 shares, a decrease of 11.1% from the May 31st total of 5,610,300 shares. Based on an average daily trading volume, of 20,600 shares, the days-to-cover ratio is presently 242.2 days.

FIBRA Prologis Price Performance

Shares of FBBPF stock traded down $0.13 during mid-day trading on Monday, hitting $3.20. The stock had a trading volume of 457 shares, compared to its average volume of 7,405. FIBRA Prologis has a 12-month low of $3.20 and a 12-month high of $6.00. The firm’s 50-day moving average is $3.84 and its two-hundred day moving average is $4.19.

About FIBRA Prologis

FIBRA Prologis is a leading owner and operator of Class-A industrial real estate in Mexico. As of December 31, 2023, FIBRA Prologis was comprised of 235 logistics and manufacturing facilities in six industrial markets in Mexico totaling 46.9 million square feet (4.4 million square meters) of gross leasable area.