Short Interest in Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:GRBMF) Expands By 33.4%

Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:GRBMF) saw a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 4,274,300 shares, a growth of 33.4% from the January 15th total of 3,203,300 shares. Based on an average trading volume of 4,800 shares, the days-to-cover ratio is presently 890.5 days.

Grupo Bimbo Price Performance

OTCMKTS GRBMF remained flat at $2.70 during trading hours on Friday. The company had a trading volume of 3 shares, compared to its average volume of 3,573. The firm has a fifty day moving average of $2.66 and a 200-day moving average of $3.09. Grupo Bimbo has a fifty-two week low of $2.39 and a fifty-two week high of $4.80.

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.