Gestamp Automoción, S.A. (OTCMKTS:GMPUF) Sees Significant Growth in Short Interest
by Sarita Garza · The Markets DailyGestamp Automoción, S.A. (OTCMKTS:GMPUF – Get Free Report) was the recipient of a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 1,184,211 shares, an increase of 28.0% from the February 26th total of 925,393 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.
Gestamp Automoción Stock Performance
Gestamp Automoción stock opened at $3.38 on Wednesday. Gestamp Automoción has a 1 year low of $2.65 and a 1 year high of $3.45. The firm’s 50-day moving average is $2.97 and its 200-day moving average is $2.96.
Gestamp Automoción Company Profile
Gestamp Automoción is a global engineering and manufacturing company specializing in the design, development and production of metal components and assemblies for the automotive industry. Headquartered in Madrid, Spain, the company focuses on delivering body-in-white structures, chassis and mechanical parts that enhance vehicle safety, performance and lightweight construction. Gestamp serves a broad customer base of original equipment manufacturers (OEMs), supporting both traditional internal combustion vehicles and next-generation electric models.
The company’s product portfolio includes cold- and hot-stamped steel parts, precision-forged components, tubular elements and tailor-welded blanks.