Short Interest in Promotora y Operadora de Infraestructura, S. A. B. de C. V. (OTCMKTS:PYOIF) Grows By 35.8%

Promotora y Operadora de Infraestructura, S. A. B. de C. V. (OTCMKTS:PYOIF) was the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 222,700 shares, a growth of 35.8% from the March 31st total of 164,000 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 2,227.0 days.

Promotora y Operadora de Infraestructura, S. A. B. de C. V. Price Performance

Shares of OTCMKTS PYOIF opened at $8.96 on Friday. Promotora y Operadora de Infraestructura, S. A. B. de C. V. has a 12 month low of $8.96 and a 12 month high of $10.27. The business’s 50 day moving average is $8.95 and its two-hundred day moving average is $9.04.

Analyst Upgrades and Downgrades

Separately, Scotiabank upgraded Promotora y Operadora de Infraestructura, S. A. B. de C. V. to a “sector perform” rating in a research note on Friday, March 28th.

Promotora y Operadora de Infraestructura, S. A. B. de C. V. Company Profile

Promotora y Operadora de Infraestructura, S. A. B. de C. V. engages in the construction, operation, maintenance, financing, and promotion of infrastructure projects in Mexico. Its projects include heavy construction projects, such as toll roads, ports, tunnels, dams, bridges, airports, and railways; industrial construction projects comprising petrochemical, industrial, wastewater treatment, and power generating plants; and urban construction projects, such as parking lots, museums, parks, education centers, buildings, water systems, public transportation systems, landfills, and hospitals.