Short Interest in Grupo Financiero Inbursa, S.A.B. de C.V. (OTCMKTS:GPFOF) Increases By 444.5%

Grupo Financiero Inbursa, S.A.B. de C.V. (OTCMKTS:GPFOF) was the recipient of a large increase in short interest in March. As of March 13th, there was short interest totaling 2,614,492 shares, an increase of 444.5% from the February 26th total of 480,151 shares. Based on an average trading volume of 632 shares, the short-interest ratio is presently 4,136.9 days. Based on an average trading volume of 632 shares, the short-interest ratio is presently 4,136.9 days.

Grupo Financiero Inbursa Price Performance

GPFOF stock traded down C$0.03 during trading on Tuesday, reaching C$2.37. 7,000 shares of the company traded hands, compared to its average volume of 2,000. The business has a 50 day simple moving average of C$2.50 and a 200 day simple moving average of C$2.50. Grupo Financiero Inbursa has a 12 month low of C$2.13 and a 12 month high of C$2.78.

Grupo Financiero Inbursa Company Profile

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.