Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:GRBMF) Short Interest Up 33.4% in January

Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:GRBMF) was the recipient of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 4,274,300 shares, an increase of 33.4% from the January 15th total of 3,203,300 shares. Based on an average trading volume of 4,800 shares, the days-to-cover ratio is currently 890.5 days.

Grupo Bimbo Stock Performance

Shares of OTCMKTS GRBMF remained flat at $2.70 during mid-day trading on Friday. 3 shares of the stock were exchanged, compared to its average volume of 3,573. The stock has a 50 day moving average of $2.66 and a 200 day moving average of $3.09. Grupo Bimbo has a 52 week low of $2.39 and a 52 week high of $4.80.

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.