Short Interest in Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:GRBMF) Declines By 11.9%

Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:GRBMFGet Free Report) saw a large decline in short interest in the month of May. As of May 31st, there was short interest totalling 4,793,900 shares, a decline of 11.9% from the May 15th total of 5,443,100 shares. Based on an average trading volume of 1,300 shares, the days-to-cover ratio is currently 3,687.6 days.

Grupo Bimbo Stock Performance

OTCMKTS:GRBMF traded down $0.08 during trading hours on Tuesday, reaching $3.57. The stock had a trading volume of 2,205 shares, compared to its average volume of 2,042. Grupo Bimbo has a 52 week low of $3.46 and a 52 week high of $5.79. The company has a 50 day moving average price of $4.02 and a two-hundred day moving average price of $4.47.

About Grupo Bimbo

(Get Free Report)

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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