GCC, S.A.B. de C.V. (OTCMKTS:GCWOF) Sees Large Growth in Short Interest

GCC, S.A.B. de C.V. (OTCMKTS:GCWOFGet Free Report) was the recipient of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 175,800 shares, an increase of 30.1% from the January 31st total of 135,100 shares. Based on an average daily trading volume, of 4,000 shares, the days-to-cover ratio is currently 44.0 days.

GCC Stock Performance

GCWOF remained flat at $9.15 on Wednesday. The company’s 50 day moving average is $9.11 and its 200 day moving average is $8.57. GCC has a 12-month low of $7.60 and a 12-month high of $12.00.

About GCC

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GCC, SAB. de C.V., through its subsidiaries, produces, distributes, and sells gray Portland cement, ready-mix concrete, aggregates, and other building construction materials in Mexico and the United States. It offers cement; ready mix concrete, energy; building materials; and asphalt. The company also provides special products comprising Komponent, a shrinkage-compensating, expanding concrete additive; Metaforce, a reactive and consistent pozzolan that is used as an alternative for fly ash; Microsilex to be used in bridge decks and paving; Rapid Set, a solution for concrete applications; and Versabind, a cementitious that is used as filler in asphalt mixes as a replacement for lime.

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