Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOY) Short Interest Update

Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOY) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totalling 33,700 shares, a growth of 123.2% from the September 30th total of 15,100 shares. Based on an average daily volume of 50,100 shares, the short-interest ratio is currently 0.7 days.

Grupo Financiero Banorte Price Performance

Shares of GBOOY opened at $35.12 on Monday. The business’s 50 day moving average price is $36.24 and its 200-day moving average price is $41.22. Grupo Financiero Banorte has a 52 week low of $32.40 and a 52 week high of $56.15.

About Grupo Financiero Banorte

Grupo Financiero Banorte, SAB. de C.V., through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally. The company accepts checking, current, retirement, and payroll accounts; and provides loans, including mortgage, car, payroll, personal, structured, syndicated, SME loans, and credit cards, as well as letter of credit financing, acquisition funding, and import and export foreign trade financing.