Banco del Bajío, S.A., Institución de Banca Múltiple (OTCMKTS:BBAJF) Sees Significant Decline in Short Interest

Banco del Bajío, S.A., Institución de Banca Múltiple (OTCMKTS:BBAJF) was the recipient of a significant decline in short interest in June. As of June 30th, there was short interest totaling 163,085 shares, a decline of 62.6% from the June 15th total of 435,956 shares. Based on an average daily trading volume, of 3,806 shares, the short-interest ratio is presently 42.8 days.

Banco del Bajío, S.A., Institución de Banca Múltiple Trading Up 0.3%

BBAJF opened at $3.11 on Wednesday. Banco del Bajío, S.A., Institución de Banca Múltiple has a 52-week low of $2.23 and a 52-week high of $3.38. The company has a 50 day moving average of $3.12 and a two-hundred day moving average of $3.03.

Banco del Bajío, S.A., Institución de Banca Múltiple Company Profile

Banco del Bajío, SA, Institución de Banca Múltiple operates as a full-service Mexican commercial bank, offering a broad range of financial products and services to corporate, small- and medium-sized enterprises (SMEs) and individual clients. The institution’s core business activities include commercial lending, working capital loans, mortgage financing, trade finance, leasing and factoring. In addition to traditional deposit accounts, savings instruments and debit/credit card services, the bank provides treasury and foreign exchange solutions designed to support domestic and export-oriented businesses.

Founded in 1994 and headquartered in León, Guanajuato, Banco del Bajío has grown from a regional lender into one of Mexico’s prominent mid-tier banks.