Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:BMBOY) Sees Large Growth in Short Interest

Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:BMBOY) was the target of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 2,000 shares, an increase of 233.3% from the February 13th total of 600 shares. Based on an average daily volume of 1,100 shares, the short-interest ratio is currently 1.8 days.

Grupo Bimbo Price Performance

OTCMKTS:BMBOY opened at $10.82 on Friday. Grupo Bimbo has a 12 month low of $9.69 and a 12 month high of $19.00. The business’s fifty day moving average price is $10.64 and its 200 day moving average price is $11.96.

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.