GRUPO FINANCIER/ADR (OTCMKTS:GBOOY) Short Interest Update

GRUPO FINANCIER/ADR (OTCMKTS:GBOOY) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 55,700 shares, an increase of 19.5% from the August 15th total of 46,600 shares. Based on an average trading volume of 106,700 shares, the short-interest ratio is currently 0.5 days.

Shares of GBOOY remained flat at $$18.60 during mid-day trading on Wednesday. 12,970 shares of the stock traded hands, compared to its average volume of 58,884. The business has a 50-day moving average price of $17.96 and a 200-day moving average price of $17.07. GRUPO FINANCIER/ADR has a 1 year low of $11.49 and a 1 year high of $32.62. The company has a market cap of $10.73 billion, a PE ratio of 5.64 and a beta of 1.26.

Separately, ValuEngine cut shares of GRUPO FINANCIER/ADR from a “hold” rating to a “sell” rating in a report on Monday, August 3rd.

About GRUPO FINANCIER/ADR

Grupo Financiero Banorte, SAB. de C.V., through its subsidiaries, provides banking and financial products and services in Mexico. It offers deposits, which include demand deposits, term deposits, money market accounts, and investment funds; and credit products comprising credit cards, car loans, payroll loans, and mortgages.

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