Short Interest in FIBRA Macquarie México (OTCMKTS:DBMBF) Rises By 7.1%

FIBRA Macquarie México (OTCMKTS:DBMBFGet Rating) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 219,600 shares, a growth of 7.1% from the August 15th total of 205,100 shares. Based on an average daily trading volume, of 3,900 shares, the days-to-cover ratio is currently 56.3 days.

FIBRA Macquarie México Price Performance

DBMBF opened at $1.16 on Wednesday. The firm’s 50-day simple moving average is $1.23 and its 200-day simple moving average is $1.19. FIBRA Macquarie México has a twelve month low of $1.03 and a twelve month high of $1.40.

Wall Street Analysts Forecast Growth

Separately, Credit Suisse Group raised shares of FIBRA Macquarie México from a “neutral” rating to an “outperform” rating in a report on Friday, June 10th.

About FIBRA Macquarie México

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FIBRA Macquarie México (FIBRA Macquarie) (BMV:FIBRAMQ) is a real estate investment trust (fideicomiso de inversión en bienes raíces), or FIBRA, listed on the Mexican Stock Exchange (Bolsa Mexicana de Valores) targeting industrial, retail and office real estate opportunities in Mexico, with a primary focus on stabilized income-producing properties.

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