Urbi, Desarrollos Urbanos, S.A.B. de C.V. (OTCMKTS:URBDF) Sees Large Increase in Short Interest

Urbi, Desarrollos Urbanos, S.A.B. de C.V. (OTCMKTS:URBDFGet Rating) saw a significant increase in short interest in the month of April. As of April 30th, there was short interest totalling 3,100 shares, an increase of 47.6% from the April 15th total of 2,100 shares. Based on an average daily volume of 800 shares, the short-interest ratio is presently 3.9 days.

Shares of Urbi, Desarrollos Urbanos stock opened at $0.35 on Friday. Urbi, Desarrollos Urbanos has a one year low of $0.34 and a one year high of $0.37. The business’s 50 day moving average price is $0.40 and its 200 day moving average price is $0.47.

Urbi, Desarrollos Urbanos Company Profile (Get Rating)

Urbi, Desarrollos Urbanos, SAB. de C.V. engages in the house development business in Mexico. It sells own and third-party housing projects, as well as land for real estate projects. The company was founded in 1981 and is based in Mexicali, Mexico.

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