Banco del Bajío, S.A., Institución de Banca Múltiple (OTCMKTS:BBAJF) Sees Significant Decrease in Short Interest

Banco del Bajío, S.A., Institución de Banca Múltiple (OTCMKTS:BBAJF) was the target of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 163,085 shares, a decrease of 62.6% from the June 15th total of 435,956 shares. Based on an average daily trading volume, of 3,806 shares, the short-interest ratio is currently 42.8 days.

Banco del Bajío, S.A., Institución de Banca Múltiple Price Performance

Shares of BBAJF opened at $3.10 on Monday. Banco del Bajío, S.A., Institución de Banca Múltiple has a twelve month low of $2.23 and a twelve month high of $3.38. The stock’s fifty day simple moving average is $3.13 and its 200 day simple moving average is $3.03.

About Banco del Bajío, S.A., Institución de Banca Múltiple

Banco del Bajío, SA, Institución de Banca Múltiple operates as a full-service Mexican commercial bank, offering a broad range of financial products and services to corporate, small- and medium-sized enterprises (SMEs) and individual clients. The institution’s core business activities include commercial lending, working capital loans, mortgage financing, trade finance, leasing and factoring. In addition to traditional deposit accounts, savings instruments and debit/credit card services, the bank provides treasury and foreign exchange solutions designed to support domestic and export-oriented businesses.

Founded in 1994 and headquartered in León, Guanajuato, Banco del Bajío has grown from a regional lender into one of Mexico’s prominent mid-tier banks.