Grupo Herdez, S.A.B. de C.V. (OTCMKTS:GUZOF) Sees Significant Decline in Short Interest

Grupo Herdez, S.A.B. de C.V. (OTCMKTS:GUZOF) was the recipient of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 102 shares, a drop of 99.0% from the June 15th total of 9,928 shares. Based on an average daily volume of 1,000 shares, the short-interest ratio is presently 0.1 days.

Grupo Herdez Price Performance

Shares of GUZOF stock remained flat at C$2.94 during trading hours on Friday. Grupo Herdez has a 12 month low of C$2.72 and a 12 month high of C$5.23. The stock’s 50-day moving average is C$3.38 and its 200 day moving average is C$4.03.

Grupo Herdez Company Profile

Grupo Herdez (OTCMKTS:GUZOF) is one of Mexico’s leading packaged food companies, with a portfolio of well-known brands serving both retail and foodservice channels. Established in Mexico City in the early 20th century, the company has grown from a regional sauce producer into a diversified food processor with operations spanning multiple product categories.

The company’s core offerings include salsas, sauces, canned vegetables, frozen foods, jams and jellies, and ready-to-eat meals. In addition to its flagship Herdez brand, the group holds licenses and partnerships to produce and distribute international brands in the Mexican market, such as Barilla pasta and McCormick spices.