FIBRA Prologis (OTCMKTS:FBBPF) Short Interest Down 83.5% in November

FIBRA Prologis (OTCMKTS:FBBPF) was the recipient of a large drop in short interest in November. As of November 30th, there was short interest totalling 1,983,500 shares, a drop of 83.5% from the November 15th total of 12,032,400 shares. Based on an average daily trading volume, of 7,500 shares, the short-interest ratio is currently 264.5 days.

FIBRA Prologis Stock Performance

FBBPF traded down $0.06 during midday trading on Friday, hitting $2.94. 83,383 shares of the company traded hands, compared to its average volume of 10,140. The business has a 50 day simple moving average of $3.22 and a two-hundred day simple moving average of $3.38. FIBRA Prologis has a 52-week low of $2.67 and a 52-week high of $6.00.

About FIBRA Prologis

FIBRA Prologis is a leading owner and operator of Class-A industrial real estate in Mexico. As of December 31, 2023, FIBRA Prologis was comprised of 235 logistics and manufacturing facilities in six industrial markets in Mexico totaling 46.9 million square feet (4.4 million square meters) of gross leasable area.