Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:BMBOY) Sees Large Increase in Short Interest

Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:BMBOY) was the recipient of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 2,000 shares, an increase of 233.3% from the February 13th total of 600 shares. Based on an average daily trading volume, of 1,100 shares, the short-interest ratio is currently 1.8 days.

Grupo Bimbo Stock Performance

Grupo Bimbo stock opened at $10.82 on Friday. Grupo Bimbo has a 52-week low of $9.69 and a 52-week high of $19.00. The company’s 50 day moving average is $10.64 and its two-hundred day moving average is $11.96.

Grupo Bimbo Company Profile

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.