Short Interest in FIBRA Macquarie México (OTCMKTS:DBMBF) Expands By 836.3%

FIBRA Macquarie México (OTCMKTS:DBMBF) was the target of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 860,429 shares, an increase of 836.3% from the January 15th total of 91,897 shares. Based on an average daily trading volume, of 24,837 shares, the days-to-cover ratio is currently 34.6 days. Based on an average daily trading volume, of 24,837 shares, the days-to-cover ratio is currently 34.6 days.

Analysts Set New Price Targets

Separately, Scotiabank upgraded shares of FIBRA Macquarie México to an “outperform” rating in a research report on Wednesday, December 10th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, FIBRA Macquarie México currently has an average rating of “Buy”.

FIBRA Macquarie México Stock Performance

OTCMKTS:DBMBF traded up $0.36 on Tuesday, reaching $2.51. 6,600 shares of the stock traded hands, compared to its average volume of 9,660. FIBRA Macquarie México has a 1-year low of $1.29 and a 1-year high of $2.51. The company’s 50 day moving average is $1.87 and its 200-day moving average is $1.75.

FIBRA Macquarie México Company Profile

FIBRA Macquarie México is a Mexican real estate investment trust (FIBRA) that acquires, develops and manages income-producing properties across Mexico. Structured under Mexico’s FIBRA regime, the trust focuses on generating stable, long-term rental income through a diversified portfolio of industrial, office and retail assets. Its core business activities include property sourcing, asset management, tenant relations and lease administration, all overseen by Macquarie Asset Management.

The trust’s portfolio spans key economic regions in Mexico, including the Mexico City metropolitan area, the Bajío region, Guadalajara and Monterrey.