Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOY) Short Interest Down 86.1% in March

Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOY) saw a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 13,900 shares, a decline of 86.1% from the February 28th total of 100,100 shares. Based on an average trading volume of 56,500 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

Grupo Financiero Banorte Price Performance

GBOOY stock traded up $0.27 during midday trading on Thursday, reaching $36.07. The stock had a trading volume of 27,987 shares, compared to its average volume of 48,896. Grupo Financiero Banorte has a twelve month low of $30.00 and a twelve month high of $56.15. The business has a fifty day simple moving average of $36.31 and a two-hundred day simple moving average of $35.65.

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.