Could AMERICA MOVIL L SHARES (OTCMKTS:AMXVF) Change Direction After More Shorts?

January 11, 2018 - By Vivian Currie

The stock of AMERICA MOVIL L SHARES (OTCMKTS:AMXVF) registered an increase of 16.26% in short interest. AMXVF’s total short interest was 117.67M shares in January as published by FINRA. Its up 16.26% from 101.21 million shares, reported previously. With 200 shares average volume, it will take short sellers 588357 days to cover their AMXVF’s short positions.

It closed at $0.85 lastly. It is down 0.00% since January 11, 2017 and is . It has underperformed by 16.70% the S&P500.

América Móvil, S.A.B. de C.V. provides telecommunications services in Mexico and internationally. The company has market cap of $79.69 billion. The firm offers wireless and fixed voice services, including airtime, local, domestic, and international long-distance services; and network interconnection services. It has a 30.36 P/E ratio. It also provides data services, such as Internet access, messaging, and other wireless entertainment and corporate services; data transmission, email services, instant messaging, content streaming, and interactive applications; and data center, data administration, and hosting services to residential and corporate clients, as well as residential broadband services.

Another recent and important América Móvil, S.A.B. de C.V. (OTCMKTS:AMXVF) news was published by Reuters.com which published an article titled: “America Movil and Smiles partner on loyalty programs in Brazil” on December 14, 2017.

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