Short Interest in Quálitas Controladora, S.A.B. de C.V. (OTCMKTS:QUCOF) Drops By 66.7%

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Quálitas Controladora, S.A.B. de C.V. (OTCMKTS:QUCOFGet Rating) was the recipient of a large decline in short interest in the month of May. As of May 31st, there was short interest totalling 499,000 shares, a decline of 66.7% from the May 15th total of 1,497,600 shares. Based on an average daily volume of 130,600 shares, the short-interest ratio is presently 3.8 days.

OTCMKTS:QUCOF remained flat at $$5.12 during trading hours on Friday. The company’s fifty day simple moving average is $5.12 and its 200 day simple moving average is $5.04. Quálitas Controladora has a 1-year low of $4.54 and a 1-year high of $5.40.

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Separately, Barclays cut shares of Quálitas Controladora from an “overweight” rating to an “equal weight” rating in a research note on Friday, March 11th.

Quálitas Controladora Company Profile (Get Rating)

Quálitas Controladora, SAB. de C.V., together with its subsidiaries, operates as an auto insurance company in Mexico, El Salvador, Costa Rica, Peru, and the United States. It offers insurance, coinsurance, and reinsurance services for the automobile sector. The company also engages in the acquisition, sale, and installation of automobile glass and spare parts; provision of salvage management and marketing; advisory and training services for investment planning and business management; and property leasing and acquisition.

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