Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:GRBMF) Short Interest Up 19.5% in November

Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:GRBMF) was the recipient of a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 8,583,600 shares, an increase of 19.5% from the November 15th total of 7,181,500 shares. Based on an average daily trading volume, of 15,100 shares, the short-interest ratio is currently 568.5 days.

Grupo Bimbo Stock Performance

GRBMF opened at $2.82 on Monday. The company’s fifty day moving average price is $3.12 and its two-hundred day moving average price is $3.39. Grupo Bimbo has a 1-year low of $2.64 and a 1-year high of $5.25.

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.