Grupo Financiero Inbursa, S.A.B. de C.V. (OTCMKTS:GPFOF) Short Interest Down 80.3% in June

Grupo Financiero Inbursa, S.A.B. de C.V. (OTCMKTS:GPFOF) was the recipient of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 2,451,081 shares, a drop of 80.3% from the June 15th total of 12,473,326 shares. Based on an average daily trading volume, of 1,419 shares, the short-interest ratio is currently 1,727.3 days.

Grupo Financiero Inbursa Price Performance

OTCMKTS:GPFOF remained flat at C$2.40 during midday trading on Friday. Grupo Financiero Inbursa has a fifty-two week low of C$1.99 and a fifty-two week high of C$2.77. The firm’s 50 day simple moving average is C$2.43 and its 200 day simple moving average is C$2.47.

About Grupo Financiero Inbursa

Grupo Financiero Inbursa, SAB. de C.V. (OTCMKTS: GPFOF) is a diversified Mexican financial holding company controlled by Grupo Carso and ultimately by entrepreneur Carlos Slim Helú. The firm provides a comprehensive suite of financial services to both retail and corporate clients through its banking, insurance, pensions, asset management and brokerage operations. Inbursa’s integrated platform allows clients to access credit, savings, investment and risk‐protection products under one umbrella.

Within its banking arm, Inbursa offers personal and commercial loans, mortgage financing and deposit accounts, while its insurance division underwrites life, health and property‐casualty policies.