FIBRA Prologis (OTCMKTS:FBBPF) Short Interest Update

FIBRA Prologis (OTCMKTS:FBBPF) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totaling 6,676,002 shares, a growth of 19.4% from the December 31st total of 5,593,078 shares. Based on an average daily volume of 33,071 shares, the short-interest ratio is currently 201.9 days. Based on an average daily volume of 33,071 shares, the short-interest ratio is currently 201.9 days.

FIBRA Prologis Stock Performance

OTCMKTS:FBBPF opened at $4.79 on Thursday. FIBRA Prologis has a 12-month low of $2.89 and a 12-month high of $4.97. The stock’s fifty day simple moving average is $4.36 and its 200-day simple moving average is $4.07.

Wall Street Analyst Weigh In

Several analysts have recently commented on FBBPF shares. Barclays restated an “overweight” rating on shares of FIBRA Prologis in a report on Thursday, November 20th. Santander raised shares of FIBRA Prologis to an “outperform” rating in a research note on Monday, December 15th. Finally, Itau BBA Securities cut shares of FIBRA Prologis from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 20th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, FIBRA Prologis has a consensus rating of “Moderate Buy”.

FIBRA Prologis Company Profile

FIBRA Prologis (OTCMKTS: FBBPF) is a Mexican real estate investment trust specializing in the ownership, development and operation of industrial and logistics properties. Established in 2011 as the first Mexican Fibra backed by an international sponsor, the company focuses on acquiring and managing warehouse and distribution centers that serve manufacturing, retail and third-party logistics clients across Mexico’s key industrial corridors.

The trust’s core activities include leasing modern logistics facilities, executing build-to-suit developments and providing property management services tailored to the needs of multinational and domestic occupiers.