Short Interest in Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:GRBMF) Expands By 41.6%

Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:GRBMF) was the recipient of a significant increase in short interest in February. As of February 15th, there was short interest totalling 6,054,000 shares, an increase of 41.6% from the January 31st total of 4,274,300 shares. Based on an average daily volume of 900 shares, the short-interest ratio is presently 6,726.7 days.

Grupo Bimbo Stock Down 1.1 %

Shares of GRBMF stock traded down $0.03 on Wednesday, hitting $2.68. 400 shares of the stock traded hands, compared to its average volume of 3,752. Grupo Bimbo has a 52 week low of $2.39 and a 52 week high of $4.80. The firm has a 50 day simple moving average of $2.63 and a two-hundred day simple moving average of $3.02.

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.