FIBRA Macquarie México (OTCMKTS:DBMBF) Sees Significant Decrease in Short Interest

FIBRA Macquarie México (OTCMKTS:DBMBF) was the recipient of a significant decline in short interest in December. As of December 15th, there was short interest totaling 76,760 shares, a decline of 79.6% from the November 30th total of 375,479 shares. Based on an average daily trading volume, of 5,007 shares, the days-to-cover ratio is presently 15.3 days. Based on an average daily trading volume, of 5,007 shares, the days-to-cover ratio is presently 15.3 days.

Wall Street Analyst Weigh In

Separately, Scotiabank upgraded FIBRA Macquarie México to an “outperform” rating in a research report on Wednesday, December 10th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy”.

FIBRA Macquarie México Trading Up 2.8%

Shares of OTCMKTS DBMBF opened at $1.81 on Thursday. The company has a 50-day simple moving average of $1.69 and a 200-day simple moving average of $1.70. FIBRA Macquarie México has a 12 month low of $1.29 and a 12 month high of $1.91.

FIBRA Macquarie México Company Profile

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.