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:BMBOYGet Free Report) saw a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 700 shares, an increase of 600.0% from the January 31st total of 100 shares. Based on an average daily trading volume, of 800 shares, the days-to-cover ratio is presently 0.9 days.

Grupo Bimbo Stock Performance

Shares of BMBOY traded up $0.71 on Wednesday, reaching $17.76. The company’s stock had a trading volume of 100 shares, compared to its average volume of 559. The stock’s 50 day simple moving average is $18.92 and its two-hundred day simple moving average is $19.04. Grupo Bimbo has a 12-month low of $14.91 and a 12-month high of $22.76.

Grupo Bimbo Company Profile

(Get Free Report)

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.

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