Mexico Equity and Income Fund, Inc. (NYSE:MXE) Sees Large Decrease in Short Interest

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

Hedge Funds Weigh In On Mexico Equity and Income Fund

An institutional investor recently bought a new position in Mexico Equity and Income Fund stock. Winmill & CO. Inc. acquired a new position in Mexico Equity and Income Fund, Inc. (NYSE:MXE) in 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 as of its most recent SEC filing.

Mexico Equity and Income Fund Trading Down 0.1%

Mexico Equity and Income Fund stock traded down $0.01 during mid-day trading on Monday, hitting $12.58. The stock had a trading volume of 1,371 shares, compared to its average volume of 4,874. Mexico Equity and Income Fund has a one year low of $11.11 and a one year high of $14.30. The firm’s 50 day moving average is $13.19 and its 200 day moving average is $13.27.

Mexico Equity and Income Fund Company Profile

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.