Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOY) Short Interest Update

Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOY) saw a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 3,100 shares, an increase of 520.0% from the December 15th total of 500 shares. Based on an average trading volume of 186,400 shares, the short-interest ratio is presently 0.0 days.

Grupo Financiero Banorte Stock Performance

GBOOY traded up $0.39 during midday trading on Tuesday, reaching $34.35. 85,572 shares of the company’s stock were exchanged, compared to its average volume of 81,967. The business’s 50-day moving average price is $34.34 and its 200 day moving average price is $36.26. Grupo Financiero Banorte has a 1-year low of $30.00 and a 1-year high of $56.15.

Grupo Financiero Banorte Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were issued a dividend of $0.8627 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.