Hey guys, the huge spike in short interest might be do, in part, to the Russell rebalancing. When I-Shares bought $1.6M of LLEN on 6/28 they bought a block. That block was probably, in part, shorted to them by their bank/broker.
Well, it might also be that the new Mexican Govt.'s plan to offer relief to homebuilder's caught with property in the hinterlands, while the new govt. is interested in building up the urban areas, might be in trouble. If property reform (foreigners owning beach property for instance) doesn't go forward, then the problems increase for HXM.