Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOY) Short Interest Up 123.2% in October

Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOY) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 33,700 shares, a growth of 123.2% from the September 30th total of 15,100 shares. Based on an average daily volume of 50,100 shares, the short-interest ratio is currently 0.7 days.

Grupo Financiero Banorte Stock Down 1.7 %

OTCMKTS:GBOOY traded down $0.61 during trading hours on Friday, hitting $35.12. 31,008 shares of the company’s stock traded hands, compared to its average volume of 33,536. The stock’s fifty day moving average price is $36.24 and its two-hundred day moving average price is $41.22. Grupo Financiero Banorte has a twelve month low of $32.40 and a twelve month high of $56.15.

About Grupo Financiero Banorte

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.