The Mexico Fund, Inc. (NYSE:MXF - Get Free Report) was the recipient of a significant decline in short interest in May. As of May 31st, there was short interest totalling 10,200 shares, a decline of 62.6% from the May 15th total of 27,300 shares. Based on an average trading volume of 80,500 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company's stock are short sold.
The Mexico Fund Stock Down 0.4%
NYSE:MXF traded down $0.07 during mid-day trading on Monday, reaching $17.05. The company's stock had a trading volume of 30,075 shares, compared to its average volume of 79,833. The stock has a fifty day moving average of $15.88 and a 200-day moving average of $14.63. The Mexico Fund has a 1 year low of $12.99 and a 1 year high of $17.51.
Hedge Funds Weigh In On The Mexico Fund
Institutional investors have recently bought and sold shares of the business. Almitas Capital LLC lifted its stake in shares of The Mexico Fund by 8.3% during the 1st quarter. Almitas Capital LLC now owns 344,264 shares of the investment management company's stock worth $4,899,000 after purchasing an additional 26,418 shares during the last quarter. Landscape Capital Management L.L.C. raised its position in The Mexico Fund by 34.9% during the 1st quarter. Landscape Capital Management L.L.C. now owns 73,799 shares of the investment management company's stock worth $1,050,000 after buying an additional 19,109 shares during the last quarter. SFI Advisors LLC lifted its position in The Mexico Fund by 342.4% during the first quarter. SFI Advisors LLC now owns 131,807 shares of the investment management company's stock valued at $1,876,000 after purchasing an additional 102,015 shares during the period. Wolverine Asset Management LLC boosted its stake in shares of The Mexico Fund by 62.1% in the first quarter. Wolverine Asset Management LLC now owns 236,078 shares of the investment management company's stock worth $3,359,000 after buying an additional 90,483 shares during the last quarter. Finally, Greykasell Wealth Strategies Inc. purchased a new stake in The Mexico Fund in the 1st quarter worth approximately $46,000.
The Mexico Fund Company Profile
(
Get Free Report)
The Mexico Fund, Inc is a closed-ended equity mutual fund launched and managed by Impulsora del Fondo México, S.C. It primarily invests in public equity markets of Mexico. The fund seeks to invest its portfolio across diversified sectors. The Mexico Fund, Inc was formed in June 01, 1981 and is domiciled in Maryland, United States.
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