FIBRA Macquarie México (OTCMKTS:DBMBF) Short Interest Up 35.2% in March

FIBRA Macquarie México (OTCMKTS:DBMBF) saw a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 1,118,788 shares, an increase of 35.2% from the February 26th total of 827,233 shares. Based on an average trading volume of 223,374 shares, the days-to-cover ratio is presently 5.0 days.

Analyst Ratings Changes

Separately, Scotiabank raised shares of FIBRA Macquarie México to an “outperform” rating in a research note on Wednesday, December 10th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

FIBRA Macquarie México Price Performance

Shares of FIBRA Macquarie México stock opened at $2.31 on Tuesday. The company has a 50-day moving average of $2.26 and a two-hundred day moving average of $1.91. FIBRA Macquarie México has a 12-month low of $1.29 and a 12-month high of $2.76.

About FIBRA Macquarie México

FIBRA Macquarie México is a Mexican real estate investment trust (FIBRA) that acquires, develops and manages income-producing properties across Mexico. Structured under Mexico’s FIBRA regime, the trust focuses on generating stable, long-term rental income through a diversified portfolio of industrial, office and retail assets. Its core business activities include property sourcing, asset management, tenant relations and lease administration, all overseen by Macquarie Asset Management.

The trust’s portfolio spans key economic regions in Mexico, including the Mexico City metropolitan area, the Bajío region, Guadalajara and Monterrey.