Fibra UNO (OTCMKTS:FBASF) Sees Large Decrease in Short Interest

Fibra UNO (OTCMKTS:FBASFGet Rating) was the recipient of a significant drop in short interest in March. As of March 31st, there was short interest totalling 1,104,000 shares, a drop of 45.9% from the March 15th total of 2,041,800 shares. Based on an average daily volume of 50,300 shares, the days-to-cover ratio is presently 21.9 days.

OTCMKTS FBASF traded up $0.01 on Friday, hitting $1.12. 6,568 shares of the stock were exchanged, compared to its average volume of 33,548. The stock has a fifty day moving average price of $1.10 and a two-hundred day moving average price of $1.04. Fibra UNO has a 52-week low of $0.87 and a 52-week high of $1.44.

Separately, The Goldman Sachs Group started coverage on shares of Fibra UNO in a research note on Thursday, April 7th. They set a “buy” rating for the company.

About Fibra UNO (Get Rating)

Trust FIBRA UNO (Fibra UNO) was established as a real estate investment trust (Mexican REIT) on January 12, 2011 by Fibra UNO Administración, SA de CV, (the Trustor) and Deutsche Bank México, SA, Institución de Banca Múltiple, División Fiduciaria y Subsidiarias (Deutsche Bank México) as Trustee Institution.

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