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

GCC, S.A.B. de C.V. (OTCMKTS:GCWOF) was the target of a significant decline in short interest during the month of July. As of July 15th, there was short interest totalling 319,000 shares, a decline of 7.4% from the June 30th total of 344,400 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

GCC Stock Performance

Shares of GCWOF stock remained flat at $9.00 during mid-day trading on Thursday. GCC has a fifty-two week low of $8.10 and a fifty-two week high of $12.00. The stock’s 50-day moving average price is $9.69 and its two-hundred day moving average price is $10.75.

About GCC

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.