Banco del Bajío, S.A., Institución de Banca Múltiple (OTCMKTS:BBAJF) Short Interest Down 95.8% in December

Banco del Bajío, S.A., Institución de Banca Múltiple (OTCMKTS:BBAJF) saw a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 20,160 shares, a drop of 95.8% from the December 15th total of 485,362 shares. Based on an average daily trading volume, of 55 shares, the days-to-cover ratio is currently 366.5 days. Based on an average daily trading volume, of 55 shares, the days-to-cover ratio is currently 366.5 days.

Banco del Bajío, S.A., Institución de Banca Múltiple Stock Down 6.1%

Shares of BBAJF stock traded down $0.16 during trading hours on Monday, reaching $2.45. 7,510 shares of the stock traded hands, compared to its average volume of 4,005. Banco del Bajío, S.A., Institución de Banca Múltiple has a 1-year low of $2.16 and a 1-year high of $2.70. The business has a fifty day moving average price of $2.60 and a 200 day moving average price of $2.43.

Banco del Bajío, S.A., Institución de Banca Múltiple Company Profile

Banco del Bajío, SA, Institución de Banca Múltiple operates as a full-service Mexican commercial bank, offering a broad range of financial products and services to corporate, small- and medium-sized enterprises (SMEs) and individual clients. The institution’s core business activities include commercial lending, working capital loans, mortgage financing, trade finance, leasing and factoring. In addition to traditional deposit accounts, savings instruments and debit/credit card services, the bank provides treasury and foreign exchange solutions designed to support domestic and export-oriented businesses.

Founded in 1994 and headquartered in León, Guanajuato, Banco del Bajío has grown from a regional lender into one of Mexico’s prominent mid-tier banks.