FIBRA Terrafina (OTCMKTS:CBAOF) Sees Significant Drop in Short Interest

FIBRA Terrafina (OTCMKTS:CBAOF) was the recipient of a significant drop in short interest in November. As of November 30th, there was short interest totalling 8,200 shares, a drop of 85.6% from the November 15th total of 56,900 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 82.0 days.

FIBRA Terrafina Stock Performance

Shares of CBAOF stock remained flat at $1.80 on Wednesday. FIBRA Terrafina has a 12-month low of $1.68 and a 12-month high of $2.85. The company has a 50-day simple moving average of $1.86 and a 200-day simple moving average of $1.98.

FIBRA Terrafina Company Profile

Terrafina (BMV:TERRA13) is a Mexican real estate investment trust formed primarily to acquire, develop, lease and manage industrial real estate properties in Mexico. Terrafina’s portfolio consists of attractive, strategically located warehouses and other light manufacturing properties throughout the Central, Bajío and Northern regions of Mexico.