Short Interest in Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:GRBMF) Declines By 6.6%

Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:GRBMF) saw a significant decline in short interest in August. As of August 31st, there was short interest totalling 6,402,600 shares, a decline of 6.6% from the August 15th total of 6,856,600 shares. Based on an average trading volume of 2,000 shares, the short-interest ratio is currently 3,201.3 days.

Grupo Bimbo Price Performance

Shares of GRBMF stock opened at $3.60 on Friday. Grupo Bimbo has a 52-week low of $3.34 and a 52-week high of $5.54. The company has a 50-day simple moving average of $3.52 and a two-hundred day simple moving average of $3.86.

About Grupo Bimbo

Grupo Bimbo, SAB. de C.V., together with its subsidiaries, produces, distributes, and sells various bakery products. It offers sliced bread, buns and rolls, pastries, cakes, cookies, toast, English muffins, bagels, tortillas and flatbreads, and salty snacks. The company provides its products under various brands.