Gruma, S.A.B. de C.V. (OTCMKTS:GPAGF) Short Interest Update

Gruma, S.A.B. de C.V. (OTCMKTS:GPAGFGet Free Report) saw a significant increase in short interest in July. As of July 15th, there was short interest totaling 270,451 shares, an increase of 73.3% from the June 30th total of 156,104 shares. Based on an average trading volume of 2,292 shares, the short-interest ratio is currently 118.0 days.

Gruma Trading Down 10.0%

Shares of Gruma stock opened at $14.78 on Friday. Gruma has a 12 month low of $14.16 and a 12 month high of $20.62. The business’s fifty day simple moving average is $17.59 and its 200 day simple moving average is $17.93.

Institutional Trading of Gruma

An institutional investor recently bought a new stake in Gruma stock. McMillan Office Inc. acquired a new position in Gruma, S.A.B. de C.V. (OTCMKTS:GPAGFFree Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 25,600 shares of the company’s stock, valued at approximately $476,000. 19.30% of the stock is currently owned by hedge funds and other institutional investors.

Gruma Company Profile

(Get Free Report)

Gruma, SAB. de C.V. is a Mexico-based multinational food processing company and one of the world’s leading producers of corn flour and tortillas. The company’s core business activities include the manufacture, marketing and sale of corn flour, wheat flour and related products under a portfolio of well-known brands such as Maseca, Mission and Guerrero. Gruma also produces and distributes a variety of flatbreads, snack foods and bakery items tailored to both retail consumers and the foodservice industry.

Founded in 1949 by Roberto González Barrera, Gruma has grown from a single tortilla plant in Monterrey into a global enterprise.

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