Grupo Financiero Inbursa, S.A.B. de C.V. (OTCMKTS:GPFOF – Get Free Report) was the recipient of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 229,611 shares, a growth of 66.3% from the January 29th total of 138,110 shares. Based on an average daily trading volume, of 31,956 shares, the days-to-cover ratio is presently 7.2 days. Based on an average daily trading volume, of 31,956 shares, the days-to-cover ratio is presently 7.2 days.
Grupo Financiero Inbursa Stock Performance
GPFOF stock remained flat at C$2.57 during midday trading on Friday. Grupo Financiero Inbursa has a twelve month low of C$2.13 and a twelve month high of C$2.78. The company’s 50 day simple moving average is C$2.51 and its 200-day simple moving average is C$2.53.
About Grupo Financiero Inbursa
Grupo Financiero Inbursa, SAB. de C.V. (OTCMKTS: GPFOF) is a diversified Mexican financial holding company controlled by Grupo Carso and ultimately by entrepreneur Carlos Slim Helú. The firm provides a comprehensive suite of financial services to both retail and corporate clients through its banking, insurance, pensions, asset management and brokerage operations. Inbursa’s integrated platform allows clients to access credit, savings, investment and risk‐protection products under one umbrella.
Within its banking arm, Inbursa offers personal and commercial loans, mortgage financing and deposit accounts, while its insurance division underwrites life, health and property‐casualty policies.
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