The Mexico Fund, Inc. (NYSE:MXF) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 2,900 shares, a decrease of 68.1% from the August 15th total of 9,100 shares. Based on an average daily volume of 35,000 shares, the days-to-cover ratio is presently 0.1 days.
MXF traded down $0.04 during trading on Thursday, hitting $15.83. The company had a trading volume of 4,688 shares, compared to its average volume of 27,284. The business has a 50-day moving average of $15.54 and a 200-day moving average of $15.01. The Mexico Fund has a 1-year low of $9.50 and a 1-year high of $16.23.
The business also recently declared a quarterly dividend, which will be paid on Thursday, October 28th. Investors of record on Thursday, October 21st will be issued a $0.18 dividend. The ex-dividend date of this dividend is Wednesday, October 20th. This represents a $0.72 annualized dividend and a yield of 4.55%.
About The Mexico Fund
The Mexico Fund, Inc is a closed-ended equity mutual fund launched and managed by Impulsora del Fondo MÃ©xico, S.C. It primarily invests in public equity markets of Mexico. The fund seeks to invest its portfolio across diversified sectors. The Mexico Fund, Inc was formed in June 01, 1981 and is domiciled in Maryland, United States.
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