What’s Next for CIBANCO SA CTF BURSATILES FIDUCI (OTCMKTS:CBAOF) After Having Less Shares Shorted?

January 14, 2018 - By Richard Conner

The stock of CIBANCO SA CTF BURSATILES FIDUCI (OTCMKTS:CBAOF) registered a decrease of 3.62% in short interest. CBAOF’s total short interest was 2.61M shares in January as published by FINRA. Its down 3.62% from 2.70 million shares, reported previously. With 48,900 shares average volume, it will take short sellers 53 days to cover their CBAOF’s short positions.

The stock increased 2.90% or $0.0433 during the last trading session, reaching $1.5369. About 34,570 shares traded or 181.68% up from the average. Fibra Terrafina (OTCMKTS:CBAOF) has 0.00% since January 14, 2017 and is . It has underperformed by 16.70% the S&P500.

Terrafina is a real estate investment trust. The company has market cap of $1.32 billion. The firm invests in the real estate markets of Mexico. It has a 17.67 P/E ratio. It acquires, owns, develops and manages the industrial real estate properties.

More recent Fibra Terrafina (OTCMKTS:CBAOF) news were published by: Wsj.com which released: “Big Banks Shut Border Branches in Effort to Avoid Dirty Money” on May 26, 2015. Also Ft.com published the news titled: “Mexico: Clearing out” on June 14, 2015. Businesswire.com‘s news article titled: “Terrafina Announces Extraordinary and Ordinary Meeting for Holders of Trust …” with publication date: August 11, 2014 was also an interesting one.

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