Gruma, S.A.B. de C.V. (OTCMKTS:GPAGF) Short Interest Update

Gruma, S.A.B. de C.V. (OTCMKTS:GPAGF) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 384,160 shares, an increase of 165.3% from the August 15th total of 144,805 shares. Based on an average daily trading volume, of 3 shares, the short-interest ratio is presently 128,053.3 days.

Gruma Price Performance

Gruma stock opened at $14.00 on Tuesday. Gruma has a fifty-two week low of $14.00 and a fifty-two week high of $20.62. The firm has a fifty day moving average price of $15.56 and a two-hundred day moving average price of $17.34.

About Gruma

Gruma, SAB. de C.V. is a Mexico-based multinational food processing company and one of the world’s leading producers of corn flour and tortillas. The company’s core business activities include the manufacture, marketing and sale of corn flour, wheat flour and related products under a portfolio of well-known brands such as Maseca, Mission and Guerrero. Gruma also produces and distributes a variety of flatbreads, snack foods and bakery items tailored to both retail consumers and the foodservice industry.

Founded in 1949 by Roberto González Barrera, Gruma has grown from a single tortilla plant in Monterrey into a global enterprise.