Short Interest in GCC, S.A.B. de C.V. (OTCMKTS:GCWOF) Increases By 68.2%

GCC, S.A.B. de C.V. (OTCMKTS:GCWOF) was the recipient of a significant increase in short interest in August. As of August 14th, there was short interest totaling 148,698 shares, an increase of 68.2% from the July 30th total of 88,417 shares. Based on an average daily volume of 7,040 shares, the short-interest ratio is presently 21.1 days.

Wall Street Analysts Forecast Growth

Separately, Santander upgraded GCC to an “outperform” rating in a research report on Thursday, June 11th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, GCC has an average rating of “Buy”.

GCC Price Performance

GCWOF stock remained flat at $11.45 during trading on Tuesday. 190 shares of the company’s stock traded hands, compared to its average volume of 8,552. GCC has a fifty-two week low of $9.08 and a fifty-two week high of $12.43. The firm has a 50 day simple moving average of $11.49 and a two-hundred day simple moving average of $11.40.

GCC Company Profile

Grupo Cementos de Chihuahua, SAB. de C.V., which trades on the U.S. OTC market as GCWOF, is an integrated producer of cement, ready‐mix concrete, aggregates and asphalt. Founded in 1954 and headquartered in Chihuahua, Mexico, the company has developed a network of cement plants, distribution terminals and quarries to supply a wide range of construction materials. Its product portfolio includes bulk and specialty cements, value‐added concrete solutions and aggregates tailored to residential, commercial and infrastructure projects.

GCC’s operations span multiple Mexican states—including Chihuahua, Durango, Baja California and Sonora—as well as distribution channels in select U.S.