Mexico Equity & Income Fund Inc. (NYSE:MXE) Short Interest Update

Mexico Equity & Income Fund Inc. (NYSE:MXE) was the target of a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 5,100 shares, a decrease of 19.0% from the March 31st total of 6,300 shares. Based on an average trading volume of 4,400 shares, the short-interest ratio is currently 1.2 days.

Mexico Equity & Income Fund Stock Performance

NYSE:MXE traded up $0.13 during trading hours on Friday, reaching $11.03. 9,395 shares of the company were exchanged, compared to its average volume of 2,618. Mexico Equity & Income Fund has a 52-week low of $8.40 and a 52-week high of $11.63. The stock has a 50 day simple moving average of $11.20 and a 200 day simple moving average of $10.63.

Hedge Funds Weigh In On Mexico Equity & Income Fund

An institutional investor recently raised its position in Mexico Equity & Income Fund stock. Blue Bell Private Wealth Management LLC grew its holdings in Mexico Equity & Income Fund Inc. (NYSE:MXE) by 1.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 58,623 shares of the investment management company’s stock after acquiring an additional 1,102 shares during the period. Blue Bell Private Wealth Management LLC’s holdings in Mexico Equity & Income Fund were worth $678,000 as of its most recent SEC filing.

Mexico Equity & Income Fund Company Profile

Mexico Equity & Income Fund Inc is a closed ended balanced mutual fund launched and managed by Pichardo Asset Management, SA de C.V. The fund invests in the fixed income and public equity markets of Mexico. It also invests some portion in the convertible securities. The fund invests in the stocks of companies operating across diversified sectors.