Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:BMBOY) Short Interest Up 40.0% in September

Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:BMBOY) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totalling 700 shares, an increase of 40.0% from the September 15th total of 500 shares. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is currently 1.8 days.

Grupo Bimbo Stock Performance

Shares of BMBOY traded down $0.09 during mid-day trading on Monday, reaching $13.26. 1,700 shares of the company’s stock were exchanged, compared to its average volume of 671. The business’s fifty day simple moving average is $13.95 and its 200-day simple moving average is $15.22. Grupo Bimbo has a 52-week low of $13.12 and a 52-week high of $20.90.

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.