Grupo Herdez, S.A.B. de C.V. (OTCMKTS:GUZOF) Short Interest Update

Grupo Herdez, S.A.B. de C.V. (OTCMKTS:GUZOF) was the target of a significant decline in short interest in January. As of January 30th, there was short interest totaling 4,415 shares, a decline of 79.2% from the January 15th total of 21,273 shares. Based on an average daily trading volume, of 501 shares, the days-to-cover ratio is presently 8.8 days. Based on an average daily trading volume, of 501 shares, the days-to-cover ratio is presently 8.8 days.

Grupo Herdez Price Performance

Grupo Herdez stock remained flat at C$4.40 during midday trading on Thursday. Grupo Herdez has a 12-month low of C$2.52 and a 12-month high of C$4.40. The firm’s 50 day simple moving average is C$4.15 and its 200-day simple moving average is C$3.81.

Grupo Herdez Company Profile

Grupo Herdez (OTCMKTS:GUZOF) is one of Mexico’s leading packaged food companies, with a portfolio of well-known brands serving both retail and foodservice channels. Established in Mexico City in the early 20th century, the company has grown from a regional sauce producer into a diversified food processor with operations spanning multiple product categories.

The company’s core offerings include salsas, sauces, canned vegetables, frozen foods, jams and jellies, and ready-to-eat meals. In addition to its flagship Herdez brand, the group holds licenses and partnerships to produce and distribute international brands in the Mexican market, such as Barilla pasta and McCormick spices.