Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:BMBOY) Sees Large Increase in Short Interest

Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:BMBOY) was the recipient of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 2,000 shares, an increase of 233.3% from the February 13th total of 600 shares. Based on an average trading volume of 1,100 shares, the short-interest ratio is currently 1.8 days.

Grupo Bimbo Stock Performance

OTCMKTS BMBOY remained flat at $10.82 during trading on Friday. The firm has a fifty day simple moving average of $10.64 and a two-hundred day simple moving average of $11.97. Grupo Bimbo has a 12-month low of $9.69 and a 12-month high of $19.00.

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.