Short Interest in Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:GRBMF) Expands By 19.5%

Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:GRBMF) saw a large growth in short interest during the month of November. As of November 30th, there was short interest totalling 8,583,600 shares, a growth of 19.5% from the November 15th total of 7,181,500 shares. Based on an average daily volume of 15,100 shares, the days-to-cover ratio is currently 568.5 days.

Grupo Bimbo Stock Performance

Grupo Bimbo stock opened at $2.82 on Monday. The stock’s 50 day moving average price is $3.12 and its 200 day moving average price is $3.39. Grupo Bimbo has a 1-year low of $2.64 and a 1-year high of $5.25.

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.