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) saw a significant decrease in short interest during the month of February. As of February 15th, there was short interest totalling 89,000 shares, a decrease of 20.9% from the January 31st total of 112,500 shares. Based on an average daily volume of 80,700 shares, the days-to-cover ratio is currently 1.1 days.

Grupo Financiero Banorte Trading Up 0.2 %

Shares of GBOOY stock traded up $0.06 on Thursday, hitting $36.15. The company’s stock had a trading volume of 22,329 shares, compared to its average volume of 56,929. Grupo Financiero Banorte has a fifty-two week low of $30.00 and a fifty-two week high of $56.15. The stock’s 50 day moving average is $35.49 and its 200-day moving average is $35.49.

Grupo Financiero Banorte Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid a dividend of $0.8627 per share. The ex-dividend date was Monday, December 23rd.

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.