Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:GRBMF) Short Interest Up 8.8% in November

Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:GRBMF) was the recipient of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 7,181,500 shares, an increase of 8.8% from the October 31st total of 6,598,700 shares. Based on an average trading volume of 2,400 shares, the days-to-cover ratio is currently 2,992.3 days.

Grupo Bimbo Stock Down 3.8 %

Shares of GRBMF stock traded down $0.12 during trading on Monday, hitting $3.00. The company had a trading volume of 1,750 shares, compared to its average volume of 3,147. Grupo Bimbo has a 52 week low of $2.64 and a 52 week high of $5.50. The stock’s 50-day moving average is $3.23 and its two-hundred day moving average is $3.48.

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.