Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:GRBMF) Short Interest Update

Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:GRBMF) saw a significant increase in short interest in February. As of February 15th, there was short interest totalling 6,054,000 shares, an increase of 41.6% from the January 31st total of 4,274,300 shares. Based on an average daily trading volume, of 900 shares, the short-interest ratio is presently 6,726.7 days.

Grupo Bimbo Price Performance

Shares of GRBMF stock traded down $0.03 during midday trading on Tuesday, reaching $2.68. 400 shares of the company traded hands, compared to its average volume of 3,752. The firm’s 50 day simple moving average is $2.63 and its two-hundred day simple moving average is $3.02. Grupo Bimbo has a 1-year low of $2.39 and a 1-year high of $4.80.

About Grupo Bimbo

Grupo Bimbo, SAB. de C.V., together with its subsidiaries, produces, distributes, and sells various bakery products. It offers sliced bread, buns and rolls, pastries, cakes, cookies, toast, English muffins, bagels, tortillas and flatbreads, and salty snacks. The company provides its products under various brands.