Short Interest in Promotora y Operadora de Infraestructura, S. A. B. de C. V. (OTCMKTS:PYOIF) Decreases By 22.3%

Promotora y Operadora de Infraestructura, S. A. B. de C. V. (OTCMKTS:PYOIF) was the target of a significant drop in short interest in March. As of March 15th, there was short interest totalling 100,500 shares, a drop of 22.3% from the February 28th total of 129,400 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Analysts Set New Price Targets

Separately, Scotiabank upgraded Promotora y Operadora de Infraestructura, S. A. B. de C. V. to a “sector perform” rating in a research report on Friday.

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

Shares of OTCMKTS:PYOIF remained flat at $8.96 during trading on Tuesday. Promotora y Operadora de Infraestructura, S. A. B. de C. V. has a one year low of $8.96 and a one year high of $10.27. The stock’s 50-day moving average is $8.95 and its 200-day moving average is $9.10.

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

Promotora y Operadora de Infraestructura, S. A. B. de C. V. engages in the construction, operation, maintenance, financing, and promotion of infrastructure projects in Mexico. Its projects include heavy construction projects, such as toll roads, ports, tunnels, dams, bridges, airports, and railways; industrial construction projects comprising petrochemical, industrial, wastewater treatment, and power generating plants; and urban construction projects, such as parking lots, museums, parks, education centers, buildings, water systems, public transportation systems, landfills, and hospitals.