Mexico Equity and Income Fund, Inc. (NYSE:MXE) Short Interest Update

Mexico Equity and Income Fund, Inc. (NYSE:MXE) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 4,000 shares, anincreaseof135.3% from the June 30th total of 1,700 shares. Based on an average daily volume of 10,700 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 10,700 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On Mexico Equity and Income Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. City of London Investment Management Co. Ltd. boosted its stake in shares of Mexico Equity and Income Fund by 28.8% during the 1st quarter. City of London Investment Management Co. Ltd. now owns 623,868 shares of the investment management company’s stock worth $5,440,000 after acquiring an additional 139,476 shares in the last quarter. Ancora Advisors LLC acquired a new stake in Mexico Equity and Income Fund in the 4th quarter worth approximately $96,000. Wolverine Asset Management LLC boosted its position in Mexico Equity and Income Fund by 60.4% during the first quarter. Wolverine Asset Management LLC now owns 28,319 shares of the investment management company’s stock worth $247,000 after purchasing an additional 10,668 shares during the period. Shaker Financial Services LLC boosted its position in Mexico Equity and Income Fund by 6.4% during the fourth quarter. Shaker Financial Services LLC now owns 82,712 shares of the investment management company’s stock worth $664,000 after purchasing an additional 4,954 shares during the period. Finally, Signaturefd LLC acquired a new position in Mexico Equity and Income Fund during the second quarter valued at approximately $26,000.

Mexico Equity and Income Fund Trading Up 0.7%

MXE stock opened at $10.86 on Thursday. The company has a 50 day moving average of $10.45 and a two-hundred day moving average of $9.48. Mexico Equity and Income Fund has a 12-month low of $7.96 and a 12-month high of $10.90.

Mexico Equity and Income Fund Company Profile

Mexico Equity & Income Fund Inc is a closed ended balanced mutual fund launched and managed by Pichardo Asset Management, SA de C.V. The fund invests in the fixed income and public equity markets of Mexico. It also invests some portion in the convertible securities. The fund invests in the stocks of companies operating across diversified sectors.