Banco del Bajío, S.A., Institución de Banca Múltiple (OTCMKTS:BBAJF) Short Interest Up 41.9% in February

Banco del Bajío, S.A., Institución de Banca Múltiple (OTCMKTS:BBAJF) saw a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 2,850,046 shares, a growth of 41.9% from the February 12th total of 2,008,674 shares. Based on an average daily trading volume, of 9,832 shares, the days-to-cover ratio is currently 289.9 days. Based on an average daily trading volume, of 9,832 shares, the days-to-cover ratio is currently 289.9 days.

Banco del Bajío, S.A., Institución de Banca Múltiple Stock Performance

Shares of BBAJF stock opened at $2.81 on Monday. Banco del Bajío, S.A., Institución de Banca Múltiple has a 12-month low of $2.16 and a 12-month high of $3.00. The company has a 50 day moving average of $2.89 and a 200-day moving average of $2.63.

About Banco del Bajío, S.A., Institución de Banca Múltiple

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.