GCC, S.A.B. de C.V. (OTCMKTS:GCWOF) Sees Large Drop in Short Interest

GCC, S.A.B. de C.V. (OTCMKTS:GCWOF) was the target of a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 136,600 shares, a decrease of 45.8% from the November 15th total of 252,100 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

GCC Price Performance

Shares of OTCMKTS:GCWOF remained flat at $9.21 on Friday. The firm has a 50-day moving average of $8.32 and a 200 day moving average of $8.69. GCC has a 12-month low of $7.60 and a 12-month high of $12.00.

GCC Company Profile

GCC, SAB. de C.V., through its subsidiaries, produces, distributes, and sells gray Portland cement, ready-mix concrete, aggregates, and other building construction materials in Mexico and the United States. It offers cement; ready mix concrete, energy; building materials; and asphalt. The company also provides special products comprising Komponent, a shrinkage-compensating, expanding concrete additive; Metaforce, a reactive and consistent pozzolan that is used as an alternative for fly ash; Microsilex to be used in bridge decks and paving; Rapid Set, a solution for concrete applications; and Versabind, a cementitious that is used as filler in asphalt mixes as a replacement for lime.