Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:BMBOY – Get Free Report) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totalling 600 shares, a growth of 50.0% from the May 31st total of 400 shares. Based on an average daily volume of 1,000 shares, the days-to-cover ratio is presently 0.6 days.
Grupo Bimbo Price Performance
Shares of BMBOY traded down $0.73 during midday trading on Friday, reaching $14.15. The stock had a trading volume of 410 shares, compared to its average volume of 595. The company’s 50-day moving average is $16.08 and its 200 day moving average is $17.67. Grupo Bimbo has a 12-month low of $14.10 and a 12-month high of $22.36.
Grupo Bimbo Increases Dividend
The business also recently announced a dividend, which was paid on Tuesday, May 21st. Stockholders of record on Monday, May 13th were paid a $0.2011 dividend. The ex-dividend date of this dividend was Friday, May 10th. This is a positive change from Grupo Bimbo’s previous dividend of $0.15.
Grupo Bimbo Company Profile
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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