Promotora y Operadora de Infraestructura, S. A. B. de C. V. (OTCMKTS:PYOIF) Stock Short Interest Drops 62.9%

Promotora y Operadora de Infraestructura, S. A. B. de C. V. (OTCMKTS:PYOIF) saw a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 19,195 shares, a decrease of 62.9% from the September 15th total of 51,673 shares. Based on an average trading volume of 37 shares, the short-interest ratio is currently 518.8 days.

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

OTCMKTS:PYOIF remained flat at $13.60 during mid-day trading on Tuesday. The business has a 50 day moving average of $15.80 and a 200-day moving average of $16.09. Promotora y Operadora de Infraestructura, S. A. B. de C. V. has a 52 week low of $13.60 and a 52 week high of $16.46.

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

Promotora y Operadora de Infraestructura, SAB. de C.V. (Pinfra) is a Mexican infrastructure company focused on the development, construction, operation and maintenance of transportation infrastructure. Its principal activities are conducted through concession arrangements, particularly for toll roads and other public infrastructure projects.

The company’s operations have included the management of toll highways, bridges and related transportation facilities in Mexico. Pinfra has also been associated with infrastructure construction and the production or supply of materials used in its projects, allowing it to participate across several stages of infrastructure development and operation.

Pinfra serves the Mexican market through projects located in various regions of the country.