Banco del Bajío, S.A., Institución de Banca Múltiple (OTCMKTS:BBAJF) Sees Significant Decrease in Short Interest

Banco del Bajío, S.A., Institución de Banca Múltiple (OTCMKTS:BBAJF) was the recipient of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 163,085 shares, a drop of 62.6% from the June 15th total of 435,956 shares. Based on an average daily trading volume, of 3,806 shares, the short-interest ratio is currently 42.8 days.

Banco del Bajío, S.A., Institución de Banca Múltiple Stock Performance

BBAJF opened at $3.10 on Monday. Banco del Bajío, S.A., Institución de Banca Múltiple has a 12 month low of $2.23 and a 12 month high of $3.38. The business has a 50-day moving average of $3.13 and a two-hundred day moving average of $3.03.

About Banco del Bajío, S.A., Institución de Banca Múltiple

Banco del Bajío, SA, Institución de Banca Múltiple operates as a full-service Mexican commercial bank, offering a broad range of financial products and services to corporate, small- and medium-sized enterprises (SMEs) and individual clients. The institution’s core business activities include commercial lending, working capital loans, mortgage financing, trade finance, leasing and factoring. In addition to traditional deposit accounts, savings instruments and debit/credit card services, the bank provides treasury and foreign exchange solutions designed to support domestic and export-oriented businesses.

Founded in 1994 and headquartered in León, Guanajuato, Banco del Bajío has grown from a regional lender into one of Mexico’s prominent mid-tier banks.