Mexico Equity and Income Fund, Inc. (NYSE:MXE) Stock Short Interest Report for September

Mexico Equity and Income Fund, Inc. (NYSE:MXE) was the target of a large drop in short interest in September. As of September 30th, there was short interest totaling 1,005 shares, a drop of 80.8% from the September 15th total of 5,240 shares. Based on an average trading volume of 3,683 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are short sold.

Hedge Funds Weigh In On Mexico Equity and Income Fund

A hedge fund recently bought a new stake in Mexico Equity and Income Fund stock. Winmill & CO. Inc. acquired a new position in shares of Mexico Equity and Income Fund, Inc. (NYSE:MXE) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 6,000 shares of the investment management company’s stock, valued at approximately $78,000. Winmill & CO. Inc. owned 0.14% of Mexico Equity and Income Fund at the end of the most recent reporting period.

Mexico Equity and Income Fund Price Performance

Mexico Equity and Income Fund stock opened at $12.59 on Friday. Mexico Equity and Income Fund has a fifty-two week low of $11.11 and a fifty-two week high of $14.30. The stock has a 50-day simple moving average of $13.19 and a 200-day simple moving average of $13.26.

About Mexico Equity and Income Fund

Mexico Equity and Income Fund, Inc (NYSE: MXE) is a closed-end investment company focused on Mexico. The fund seeks to provide investors with a combination of current income and long-term capital appreciation by investing primarily in securities issued by Mexican companies and other Mexican entities.

Its portfolio may include Mexican common and preferred stocks, as well as debt securities and other income-producing investments. Through these holdings, the fund provides exposure to businesses operating across Mexico’s economy rather than offering operating products or services of its own.

Mexico Equity and Income Fund is designed for investors seeking diversified exposure to Mexican equity and fixed-income markets through a publicly traded closed-end fund.