FIBRA Prologis (OTCMKTS:FBBPF) Short Interest Up 19.4% in January

FIBRA Prologis (OTCMKTS:FBBPF) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 6,676,002 shares, a growth of 19.4% from the December 31st total of 5,593,078 shares. Based on an average daily volume of 33,071 shares, the short-interest ratio is currently 201.9 days. Based on an average daily volume of 33,071 shares, the short-interest ratio is currently 201.9 days.

Analyst Ratings Changes

FBBPF has been the topic of a number of analyst reports. Barclays restated an “overweight” rating on shares of FIBRA Prologis in a research note on Thursday, November 20th. Itau BBA Securities downgraded FIBRA Prologis from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 20th. Finally, Santander upgraded shares of FIBRA Prologis to an “outperform” rating in a research report on Monday, December 15th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

FIBRA Prologis Stock Performance

FBBPF opened at $4.94 on Wednesday. FIBRA Prologis has a 1-year low of $2.89 and a 1-year high of $4.94. The stock’s 50 day simple moving average is $4.35 and its 200 day simple moving average is $4.06.

About FIBRA Prologis

FIBRA Prologis (OTCMKTS: FBBPF) is a Mexican real estate investment trust specializing in the ownership, development and operation of industrial and logistics properties. Established in 2011 as the first Mexican Fibra backed by an international sponsor, the company focuses on acquiring and managing warehouse and distribution centers that serve manufacturing, retail and third-party logistics clients across Mexico’s key industrial corridors.

The trust’s core activities include leasing modern logistics facilities, executing build-to-suit developments and providing property management services tailored to the needs of multinational and domestic occupiers.