GCC, S.A.B. de C.V. (OTCMKTS:GCWOF) Short Interest Up 281.9% in October

GCC, S.A.B. de C.V. (OTCMKTS:GCWOF) saw a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 63,400 shares, an increase of 281.9% from the October 15th total of 16,600 shares. Based on an average daily trading volume, of 1,300 shares, the days-to-cover ratio is currently 48.8 days.

GCC Stock Performance

OTCMKTS:GCWOF remained flat at $8.92 during trading hours on Wednesday. GCC has a twelve month low of $7.60 and a twelve month high of $12.00. The firm’s 50 day simple moving average is $7.90 and its two-hundred day simple moving average is $8.94.

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.