Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:BMBOY) Sees Large Increase in Short Interest

Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:BMBOY) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 1,200 shares, a growth of 20.0% from the December 15th total of 1,000 shares. Based on an average daily volume of 3,000 shares, the days-to-cover ratio is currently 0.4 days.

Grupo Bimbo Stock Performance

Shares of Grupo Bimbo stock traded up $0.01 during trading on Friday, hitting $9.81. 467 shares of the stock traded hands, compared to its average volume of 467. The stock’s fifty day simple moving average is $11.32 and its 200 day simple moving average is $12.99. Grupo Bimbo has a 52-week low of $9.69 and a 52-week high of $20.33.

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.