Promotora y Operadora de Infraestructura, S. A. B. de C. V. (OTCMKTS:PUODY) Sees Significant Increase in Short Interest

Promotora y Operadora de Infraestructura, S. A. B. de C. V. (OTCMKTS:PUODY – Get Free Report) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 124 shares, a growth of 1,277.8% from the September 15th total of 9 shares. Based on an average daily volume of 55 shares, the days-to-cover ratio is currently 2.3 days.

Promotora y Operadora de Infraestructura, S. A. B. de C. V. Trading Up 1.6%

Shares of Promotora y Operadora de Infraestructura, S. A. B. de C. V. stock traded up $4.90 on Friday, hitting $307.50. 6 shares of the company were exchanged, compared to its average volume of 160. The company has a 50-day moving average price of $307.38 and a 200 day moving average price of $316.98. Promotora y Operadora de Infraestructura, S. A. B. de C. V. has a 1-year low of $246.68 and a 1-year high of $359.88.

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

(Get Free Report)

Promotora y Operadora de Infraestructura, SAB. de C.V. (Pinfra) is a Mexican infrastructure company engaged primarily in the development, operation and maintenance of transportation infrastructure. Through its subsidiaries and concession agreements, the company operates toll highways, bridges and other road-related facilities in Mexico.

Pinfra also provides construction and infrastructure services, including the development and improvement of roads and related projects. Its business activities have included the operation of port facilities and the production or supply of construction materials used in infrastructure projects, supporting an integrated model that combines concessions with construction capabilities.

The company’s operations are concentrated in Mexico, where it manages infrastructure projects under long-term government concessions.

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