Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOY) Short Interest Update

Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOY) saw a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 500 shares, a decrease of 96.9% from the November 30th total of 15,900 shares. Based on an average daily volume of 130,300 shares, the short-interest ratio is presently 0.0 days.

Grupo Financiero Banorte Price Performance

Shares of Grupo Financiero Banorte stock traded down $0.68 during trading on Friday, hitting $33.15. 267,206 shares of the stock were exchanged, compared to its average volume of 57,655. Grupo Financiero Banorte has a 12-month low of $30.00 and a 12-month high of $56.15. The firm’s 50-day moving average price is $34.71 and its 200 day moving average price is $36.72.

Grupo Financiero Banorte Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd will be given a dividend of $0.8627 per share. The ex-dividend date of this dividend is Monday, December 23rd.

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.