Short Interest in Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:GRBMF) Rises By 33.4%

Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:GRBMF) was the recipient of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 4,274,300 shares, an increase of 33.4% from the January 15th total of 3,203,300 shares. Based on an average daily volume of 4,800 shares, the short-interest ratio is currently 890.5 days.

Grupo Bimbo Stock Performance

GRBMF stock remained flat at $2.70 on Friday. 3 shares of the company were exchanged, compared to its average volume of 3,573. Grupo Bimbo has a fifty-two week low of $2.39 and a fifty-two week high of $4.80. The company has a 50 day simple moving average of $2.66 and a two-hundred day simple moving average of $3.09.

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.