Grupo Mexico, S.A.B. de C.V. (OTCMKTS:GMBXF) Short Interest Down 92.1% in June

Posted by George Bondi on Jun 25th, 2026

Grupo Mexico, S.A.B. de C.V. (OTCMKTS:GMBXF – Get Free Report) was the recipient of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 367,152 shares, a decline of 92.1% from the May 31st total of 4,650,787 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 63,379 shares, the days-to-cover ratio is currently 5.8 days.

Analysts Set New Price Targets

GMBXF has been the subject of several research reports. The Goldman Sachs Group upgraded Grupo Mexico from a “hold” rating to a “buy” rating in a research note on Friday, April 10th. Scotiabank restated a “sector perform” rating on shares of Grupo Mexico in a research note on Monday, June 15th. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

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Grupo Mexico Stock Down 0.7%

GMBXF traded down $0.09 on Thursday, hitting $11.51. The company’s stock had a trading volume of 175,369 shares, compared to its average volume of 31,372. The company’s 50 day simple moving average is $11.97 and its 200-day simple moving average is $11.25. Grupo Mexico has a 12 month low of $5.79 and a 12 month high of $12.95.

Grupo Mexico Company Profile

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Grupo México is a diversified Mexican industrial conglomerate with principal operations in mining, transportation and infrastructure. The company’s core business is the extraction and processing of base and precious metals, while complementary divisions provide freight rail and logistics services across Mexico. Grupo México operates as a vertically integrated enterprise that combines mineral production with the transport and logistics capabilities needed to move bulk commodities to market.

In mining, Grupo México is best known as the parent of Southern Copper Corporation and as one of the world’s larger copper producers.