GCC, S.A.B. de C.V. (OTCMKTS:GCWOF) Short Interest Down 28.4% in August

GCC, S.A.B. de C.V. (OTCMKTS:GCWOF) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totalling 49,000 shares, a decline of 28.4% from the August 15th total of 68,400 shares. Based on an average trading volume of 1,500 shares, the short-interest ratio is currently 32.7 days.

GCC Stock Performance

GCC stock opened at $10.00 on Friday. GCC has a 12-month low of $5.81 and a 12-month high of $10.00. The business’s 50-day moving average price is $9.12 and its two-hundred day moving average price is $7.82.

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.