Quálitas Controladora, S.A.B. de C.V. (OTCMKTS:QUCOF) Sees Large Decrease in Short Interest

Quálitas Controladora, S.A.B. de C.V. (OTCMKTS:QUCOF) saw a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 1,475,117 shares, a drop of 51.6% from the April 15th total of 3,045,490 shares. Based on an average daily volume of 3 shares, the days-to-cover ratio is presently 491,705.7 days.

Quálitas Controladora Stock Performance

OTCMKTS QUCOF opened at $9.00 on Friday. The company has a 50-day simple moving average of $9.00 and a two-hundred day simple moving average of $9.48. Quálitas Controladora has a 12-month low of $8.50 and a 12-month high of $10.25.

About Quálitas Controladora

Quálitas Controladora SAB. de C.V. is the holding company for Grupo Quálitas, one of the leading providers of motor vehicle insurance in Mexico. Established in 1994 and headquartered in Mexico City, Quálitas has built a strong reputation for specialized motor insurance offerings, serving individual drivers, corporate fleets and rental companies. Through its underwriting and claims management divisions, the company focuses on delivering tailored coverage and efficient service to its policyholders.

The company’s core activities include issuance of comprehensive and liability-only auto insurance policies, risk assessment, claims adjustment and recovery services.