Grupo Simec, S.A. de C.V. (NYSEAMERICAN:SIM) Short Interest Update

Grupo Simec, S.A. de C.V. (NYSEAMERICAN:SIM) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totaling 323 shares, a growth of 396.9% from the December 15th total of 65 shares. Based on an average daily volume of 1,257 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 1,257 shares, the short-interest ratio is currently 0.3 days.

Grupo Simec Stock Performance

Grupo Simec stock opened at $28.98 on Thursday. Grupo Simec has a twelve month low of $22.15 and a twelve month high of $34.59. The firm has a market cap of $4.69 billion, a PE ratio of 26.59 and a beta of 0.26. The firm’s 50 day moving average price is $29.16 and its two-hundred day moving average price is $28.14.

About Grupo Simec

Grupo Simec (NYSE American: SIM) is a Mexico‐based producer and distributor of long steel products, serving construction, infrastructure, industrial and energy markets. The company’s core operations encompass the manufacture of merchant bar steel, including reinforcing bar (rebar), wire rod, merchant bars and structural shapes. In parallel, its service centers offer cutting, bending and other value‐added processing services to meet the precise specifications of fabricators and end users.

With multiple steel mills located throughout Mexico and an expanding footprint in the United States, Grupo Simec maintains a vertically integrated supply chain that spans raw‐material sourcing, steelmaking and downstream processing.