Operadora de Sites Mexicanos, S.A.B. de C.V. (OTCMKTS:OPMXF) Short Interest Down 47.5% in April

Operadora de Sites Mexicanos, S.A.B. de C.V. (OTCMKTS:OPMXF) was the target of a large drop in short interest in April. As of April 30th, there was short interest totaling 337,386 shares, a drop of 47.5% from the April 15th total of 642,532 shares. Based on an average daily volume of 14,090 shares, the short-interest ratio is presently 23.9 days.

Operadora de Sites Mexicanos Stock Up 3.3%

Shares of Operadora de Sites Mexicanos stock traded up $0.03 on Monday, reaching $0.95. The company’s stock had a trading volume of 601 shares, compared to its average volume of 6,374. The firm’s fifty day simple moving average is $0.91 and its two-hundred day simple moving average is $0.88. Operadora de Sites Mexicanos has a 52 week low of $0.70 and a 52 week high of $1.15.

Analyst Upgrades and Downgrades

Separately, Scotiabank raised Operadora de Sites Mexicanos from a “sector perform” rating to an “outperform” rating in a report on Tuesday, February 17th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

About Operadora de Sites Mexicanos

Operadora de Sites Mexicanos, SAB. de C.V. engages in building, installing, maintaining, operating, leasing, and marketing of various types of towers and other support structures for the telecommunications sector in Mexico. It provides construction services comprises selection and acquisition of the property, and installation and operation of equipment, as well as physical spaces and other non-electronic elements for the installation of service networks. The company also provides site construction services for braced towers, self-supporting towers, monopole towers, and masts.