AXTEL S A B DE C V CERT PART ORD REPR 7 (OTCMKTS:AXTLF)’s Trend Unknown, Especially After Increased Shorts

October 2, 2018 - By Clifton Ray

Axtel, S.A.B. de C.V. CPOs (OTCMKTS:AXTLF) Logo

The stock of AXTEL S A B DE C V CERT PART ORD REPR 7 (OTCMKTS:AXTLF) registered an increase of 2.33% in short interest. AXTLF’s total short interest was 2.01 million shares in October as published by FINRA. Its up 2.33% from 1.97M shares, reported previously.

It closed at $0.19 lastly. It is down 0.00% since October 2, 2017 and is . It has underperformed by 15.62% the S&P500.

Axtel, S.A.B. de C.V., an information and communications technology company, offers ICT solutions for corporate, business, financial, government, wholesale, micro and small businesses, and residential clients in Mexico. The company has market cap of $549.62 million. It provides broadband, voice, pay television, Web hosting, virtual private networks, and integrated telecommunications services, as well as advanced solutions for data transmission. It currently has negative earnings. The firm also offers local and international long distance calls to fixed and mobile telephones, international traffic, voice over IP, and other services; private lines, dedicated links, and dedicated Internet services; managed, VPN, Ethernet, and other services; and information technology services, such as system integration, managed applications, data centers, security and cloud, and other services.

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