Gestamp Automoción, S.A. (OTCMKTS:GMPUF) Short Interest Up 33.7% in March

Gestamp Automoción, S.A. (OTCMKTS:GMPUF) was the recipient of a significant growth in short interest during the month of March. As of March 31st, there was short interest totaling 1,583,581 shares, a growth of 33.7% from the March 15th total of 1,184,211 shares. Based on an average daily trading volume, of 433 shares, the days-to-cover ratio is presently 3,657.2 days.

Gestamp Automoción Stock Performance

Shares of OTCMKTS:GMPUF remained flat at $3.38 on Wednesday. The stock had a trading volume of 2,000 shares, compared to its average volume of 9,970. The business has a 50 day simple moving average of $3.05 and a 200-day simple moving average of $2.99. Gestamp Automoción has a 52-week low of $2.65 and a 52-week high of $3.45.

About Gestamp Automoción

Gestamp Automoción is a global engineering and manufacturing company specializing in the design, development and production of metal components and assemblies for the automotive industry. Headquartered in Madrid, Spain, the company focuses on delivering body-in-white structures, chassis and mechanical parts that enhance vehicle safety, performance and lightweight construction. Gestamp serves a broad customer base of original equipment manufacturers (OEMs), supporting both traditional internal combustion vehicles and next-generation electric models.

The company’s product portfolio includes cold- and hot-stamped steel parts, precision-forged components, tubular elements and tailor-welded blanks.