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AXTEL/BRSH MXN (OTCMKTS:AXTLF) was the target of a significant drop in short interest in the month of August. As of August 31st, there was short interest totalling 1,253,800 shares, a drop of 18.4% from the August 15th total of 1,536,300 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 12,538.0 days.

AXTLF stock remained flat at $$0.29 during mid-day trading on Wednesday. AXTEL/BRSH MXN has a 52-week low of $0.27 and a 52-week high of $0.29. The stock has a fifty day moving average of $0.28 and a 200-day moving average of $0.22.

AXTEL/BRSH MXN Company Profile

Axtel, SAB. de C.V., an information and communications technology (ICT) company, offers ICT solutions for corporate, government, small businesses, and residential customers in Mexico. It engages in installing, operating and/or exploiting a public telecommunications network for the provision of services, such as conducting voice signals, sounds, data, Internet, texts and images, IT, and local, as well as domestic and international long-distance telephone and restricted television services.

Further Reading: Understanding dividend yield and dividend payout ratio

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