Grupo Herdez, S.A.B. de C.V. (OTCMKTS:GUZOF) Short Interest Down 49.8% in January

Grupo Herdez, S.A.B. de C.V. (OTCMKTS:GUZOF) was the target of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 21,273 shares, a decrease of 49.8% from the December 31st total of 42,412 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Grupo Herdez Price Performance

GUZOF stock opened at C$4.09 on Thursday. Grupo Herdez has a twelve month low of C$2.52 and a twelve month high of C$4.09. The business’s 50-day simple moving average is C$4.09 and its 200 day simple moving average is C$3.69.

About Grupo Herdez

Grupo Herdez (OTCMKTS:GUZOF) is one of Mexico’s leading packaged food companies, with a portfolio of well-known brands serving both retail and foodservice channels. Established in Mexico City in the early 20th century, the company has grown from a regional sauce producer into a diversified food processor with operations spanning multiple product categories.

The company’s core offerings include salsas, sauces, canned vegetables, frozen foods, jams and jellies, and ready-to-eat meals. In addition to its flagship Herdez brand, the group holds licenses and partnerships to produce and distribute international brands in the Mexican market, such as Barilla pasta and McCormick spices.