Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:GRBMF) Short Interest Update

Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:GRBMF) was the recipient of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 3,078,700 shares, a growth of 53.0% from the March 31st total of 2,012,400 shares. Based on an average daily volume of 1,500 shares, the short-interest ratio is presently 2,052.5 days.

Grupo Bimbo Price Performance

Shares of GRBMF remained flat at $4.00 during trading hours on Friday. The company had a trading volume of 80 shares, compared to its average volume of 1,976. Grupo Bimbo has a fifty-two week low of $3.89 and a fifty-two week high of $5.85. The company’s fifty day moving average price is $4.29 and its two-hundred day moving average price is $4.56.

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.