Short Interest in Grupo Traxión, S.A.B. de C.V. (OTCMKTS:GRPOF) Rises By 19.5%

Grupo Traxión, S.A.B. de C.V. (OTCMKTS:GRPOF) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 2,670,900 shares, an increase of 19.5% from the May 31st total of 2,234,900 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Grupo Traxión Stock Performance

Shares of OTCMKTS GRPOF remained flat at $1.42 during trading on Tuesday. Grupo Traxión has a twelve month low of $1.42 and a twelve month high of $2.05. The company’s 50-day moving average price is $1.67 and its 200 day moving average price is $1.83.

Grupo Traxión Company Profile

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.