Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:GRBMF – Get Free Report) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totalling 6,948,300 shares, a drop of 13.5% from the July 15th total of 8,036,600 shares. Based on an average trading volume of 500 shares, the short-interest ratio is presently 13,896.6 days.
Grupo Bimbo Trading Down 3.6 %
GRBMF traded down $0.13 during midday trading on Friday, hitting $3.46. The company had a trading volume of 860 shares, compared to its average volume of 2,295. Grupo Bimbo has a twelve month low of $3.34 and a twelve month high of $5.71. The firm’s 50-day simple moving average is $3.58 and its 200-day simple moving average is $4.03.
About Grupo Bimbo
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