America Movil Sab DE CV (NYSE:AMX) Shorted Shares Increased 15.25% After Market Selling


The stock of America Movil Sab DE CV (NYSE:AMX) registered an increase of 15.25% in short interest. AMX’s total short interest was 20.54 million shares in September as published by FINRA. Its up 15.25% from 17.82 million shares, reported previously. With 4.70 million shares average volume, it will take short sellers 4 days to cover their AMX’s short positions. The short interest to America Movil Sab DE CV’s float is 1.67%. The stock decreased 0.68% or $0.08 on September 13, hitting $11.74. About 7.93 million shares traded hands or 91.55% up from the average. America Movil SAB de CV (ADR) (NYSE:AMX) has declined 14.10% since February 8, 2016 and is downtrending. It has underperformed by 30.59% the S&P500.

America Movil, S.A.B. de C.V. is a holding company. The company has a market cap of $38.89 billion. The Firm provides telecommunications services. It has a 28.98 P/E ratio. The Company’s services include mobile and fixed-line voice services, wireless and fixed data services, Internet access and pay television, sales of equipment, accessories and computers, as well as other related services.

Out of 9 analysts covering America Movil S.A.B. (NYSE:AMX), 2 rate it a “Buy”, 3 “Sell”, while 4 “Hold”. This means 22% are positive. America Movil S.A.B. has been the topic of 14 analyst reports since September 28, 2015 according to StockzIntelligence Inc. Barclays Capital maintained the stock on July 18 with “Equalweight” rating.

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