Grupo Simec, S.A. de C.V. (NYSEAMERICAN:SIM) Short Interest Up 31.3% in January

Grupo Simec, S.A. de C.V. (NYSEAMERICAN:SIM) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totaling 424 shares, a growth of 31.3% from the December 31st total of 323 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 668 shares, the short-interest ratio is currently 0.6 days. Based on an average daily volume of 668 shares, the short-interest ratio is currently 0.6 days. Currently, 0.0% of the shares of the stock are short sold.

Grupo Simec Stock Down 0.1%

Shares of SIM stock traded down $0.02 on Tuesday, reaching $31.48. The company’s stock had a trading volume of 1,680 shares, compared to its average volume of 609. The company has a market capitalization of $4.84 billion, a P/E ratio of 28.90 and a beta of 0.26. Grupo Simec has a 12-month low of $23.60 and a 12-month high of $34.59. The stock’s 50 day simple moving average is $29.57 and its 200-day simple moving average is $28.37.

About Grupo Simec

Grupo Simec (NYSE American: SIM) is a Mexico‐based producer and distributor of long steel products, serving construction, infrastructure, industrial and energy markets. The company’s core operations encompass the manufacture of merchant bar steel, including reinforcing bar (rebar), wire rod, merchant bars and structural shapes. In parallel, its service centers offer cutting, bending and other value‐added processing services to meet the precise specifications of fabricators and end users.

With multiple steel mills located throughout Mexico and an expanding footprint in the United States, Grupo Simec maintains a vertically integrated supply chain that spans raw‐material sourcing, steelmaking and downstream processing.