Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOY) Short Interest Up 108.3% in October

Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOY) was the recipient of a significant increase in short interest in October. As of October 31st, there was short interest totalling 70,200 shares, an increase of 108.3% from the October 15th total of 33,700 shares. Based on an average trading volume of 89,900 shares, the days-to-cover ratio is presently 0.8 days.

Grupo Financiero Banorte Stock Down 1.1 %

OTCMKTS:GBOOY traded down $0.39 during mid-day trading on Wednesday, hitting $35.01. The stock had a trading volume of 122,267 shares, compared to its average volume of 54,029. The stock has a 50-day simple moving average of $36.31 and a two-hundred day simple moving average of $39.84. Grupo Financiero Banorte has a twelve month low of $32.40 and a twelve month high of $56.15.

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.