Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:GRBMF) Short Interest Update

Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:GRBMF) saw a significant drop in short interest during the month of January. As of January 15th, there was short interest totalling 5,086,800 shares, a drop of 39.2% from the December 31st total of 8,372,500 shares. Based on an average trading volume of 4,900 shares, the days-to-cover ratio is presently 1,038.1 days.

Grupo Bimbo Stock Up 13.0 %

Grupo Bimbo stock traded up $0.31 during mid-day trading on Wednesday, hitting $2.70. 14,511 shares of the stock were exchanged, compared to its average volume of 4,901. The firm’s fifty day simple moving average is $2.73 and its two-hundred day simple moving average is $3.17. Grupo Bimbo has a 12 month low of $2.39 and a 12 month high of $4.80.

About Grupo Bimbo

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.