Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOF) Short Interest Down 20.9% in November

Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOF) was the target of a significant decrease in short interest in the month of November. As of November 15th, there was short interest totalling 2,638,900 shares, a decrease of 20.9% from the October 31st total of 3,334,900 shares. Based on an average daily volume of 17,300 shares, the short-interest ratio is currently 152.5 days.

Grupo Financiero Banorte Stock Performance

OTCMKTS GBOOF traded down $0.05 on Monday, reaching $6.70. The company had a trading volume of 69,331 shares, compared to its average volume of 21,756. The business has a 50 day moving average of $7.21 and a two-hundred day moving average of $7.69. Grupo Financiero Banorte has a fifty-two week low of $6.20 and a fifty-two week high of $11.35.

About Grupo Financiero Banorte

Grupo Financiero Banorte, SAB. de C.V., through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally. The company accepts checking, current, retirement, and payroll accounts; and provides loans, including mortgage, car, payroll, personal, structured, syndicated, SME loans, and credit cards, as well as letter of credit financing, acquisition funding, and import and export foreign trade financing.