Grupo Simec, S.A. de C.V. (NYSEAMERICAN:SIM) Short Interest Update

Grupo Simec, S.A. de C.V. (NYSEAMERICAN:SIM) was the recipient of a significant decrease in short interest in February. As of February 13th, there was short interest totaling 381 shares, a decrease of 23.8% from the January 29th total of 500 shares. Based on an average trading volume of 624 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 624 shares, the days-to-cover ratio is presently 0.6 days.

Grupo Simec Stock Performance

SIM stock traded down $0.97 during trading on Monday, reaching $29.83. The company had a trading volume of 672 shares, compared to its average volume of 608. The company has a market cap of $4.58 billion, a price-to-earnings ratio of 63.47 and a beta of 0.26. Grupo Simec has a twelve month low of $23.60 and a twelve month high of $34.59. The firm has a 50-day simple moving average of $30.27 and a 200-day simple moving average of $28.75.

Grupo Simec Company Profile

Grupo Simec (NYSE American: SIM) is a Mexico‐based producer and distributor of long steel products, serving construction, infrastructure, industrial and energy markets. The company’s core operations encompass the manufacture of merchant bar steel, including reinforcing bar (rebar), wire rod, merchant bars and structural shapes. In parallel, its service centers offer cutting, bending and other value‐added processing services to meet the precise specifications of fabricators and end users.

With multiple steel mills located throughout Mexico and an expanding footprint in the United States, Grupo Simec maintains a vertically integrated supply chain that spans raw‐material sourcing, steelmaking and downstream processing.