Short Interest in Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOF) Increases By 31.0%

Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOF) was the recipient of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 1,371,000 shares, a growth of 31.0% from the March 15th total of 1,046,400 shares. Based on an average trading volume of 6,300 shares, the short-interest ratio is presently 217.6 days.

Grupo Financiero Banorte Trading Down 0.3 %

Grupo Financiero Banorte stock opened at $7.32 on Monday. The business’s 50 day simple moving average is $7.30 and its 200 day simple moving average is $7.13. Grupo Financiero Banorte has a 12 month low of $6.10 and a 12 month high of $10.80.

Grupo Financiero Banorte Company Profile

Grupo Financiero Banorte, SAB. de C.V., through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally. The company accepts checking, current, retirement, and payroll accounts; and provides loans, including mortgage, car, payroll, personal, structured, syndicated, SME loans, and credit cards, as well as letter of credit financing, acquisition funding, and import and export foreign trade financing.