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

GCC, S.A.B. de C.V. (OTCMKTS:GCWOF) saw a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 40,500 shares, a drop of 77.0% from the February 13th total of 175,800 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

GCC Stock Performance

OTCMKTS:GCWOF opened at $9.15 on Friday. GCC has a 52 week low of $7.60 and a 52 week high of $12.00. The stock’s fifty day moving average is $9.15 and its two-hundred day moving average is $8.63.

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.