Short Interest in Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOY) Rises By 180.0%

Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOY) saw a large growth in short interest in March. As of March 15th, there was short interest totalling 1,400 shares, a growth of 180.0% from the February 29th total of 500 shares. Based on an average daily trading volume, of 39,400 shares, the days-to-cover ratio is currently 0.0 days.

Grupo Financiero Banorte Stock Performance

Shares of GBOOY stock traded down $0.09 on Thursday, reaching $53.15. 48,002 shares of the company’s stock traded hands, compared to its average volume of 19,193. Grupo Financiero Banorte has a 12-month low of $37.50 and a 12-month high of $55.68. The business’s 50 day moving average price is $52.09 and its two-hundred day moving average price is $47.57.

Grupo Financiero Banorte Company Profile

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.