Banco del Bajío, S.A., Institución de Banca Múltiple (OTCMKTS:BBAJF) Short Interest Update

Banco del Bajío, S.A., Institución de Banca Múltiple (OTCMKTS:BBAJF) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 435,956 shares, a drop of 44.3% from the May 31st total of 782,128 shares. Based on an average daily trading volume, of 2,410 shares, the short-interest ratio is presently 180.9 days.

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

BBAJF remained flat at $3.10 during trading on Thursday. The company has a 50 day simple moving average of $3.17 and a 200-day simple moving average of $3.01. Banco del Bajío, S.A., Institución de Banca Múltiple has a fifty-two week low of $2.23 and a fifty-two week high of $3.38.

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.