Gruma, S.A.B. de C.V. (OTCMKTS:GPAGF) Short Interest Up 6.4% in October

Gruma, S.A.B. de C.V. (OTCMKTS:GPAGF) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totalling 946,200 shares, an increase of 6.4% from the September 30th total of 889,700 shares. Based on an average daily volume of 1,000 shares, the short-interest ratio is presently 946.2 days.

Gruma Stock Performance

Shares of GPAGF stock opened at $17.85 on Thursday. Gruma has a 1 year low of $16.00 and a 1 year high of $21.81. The firm’s fifty day moving average price is $17.30 and its two-hundred day moving average price is $18.55.

Gruma Announces Dividend

The company also recently declared a dividend, which was paid on Friday, October 11th. Shareholders of record on Friday, October 11th were given a dividend of $1.26 per share. The ex-dividend date of this dividend was Thursday, October 10th. This represents a yield of 0.81%.

Gruma Company Profile

Gruma, SAB. de C.V., together with its subsidiaries, produces and sells corn flour, tortillas, and other related products. The company offers corn flour, snacks and/or cereal, beer grits, and polenta; prepared corn or wheat flours for pancakes, cakes, crêpes, brownies, churros, pizza dough, cachapas, sweet arepitas, etc.; corn and wheat tortillas; tortilla chips, taco shells, and tostadas; flatbreads, including wraps, pita bread, naan, chapatti, pizza doughs, piadina, breakfast breads, and crackers; sauces/dips; palmito; pasta; marinades; and rice and oats.