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

Grupo Financiero Inbursa, S.A.B. de C.V. (OTCMKTS:GPFOF) saw a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 2,614,492 shares, an increase of 444.5% from the February 26th total of 480,151 shares. Based on an average trading volume of 632 shares, the days-to-cover ratio is presently 4,136.9 days. Based on an average trading volume of 632 shares, the days-to-cover ratio is presently 4,136.9 days.

Grupo Financiero Inbursa Trading Down 1.0%

OTCMKTS GPFOF traded down C$0.03 during trading on Tuesday, reaching C$2.37. 7,000 shares of the company’s stock traded hands, compared to its average volume of 2,000. Grupo Financiero Inbursa has a 12-month low of C$2.13 and a 12-month high of C$2.78. The company’s 50 day simple moving average is C$2.50 and its two-hundred day simple moving average is C$2.50.

About Grupo Financiero Inbursa

Grupo Financiero Inbursa, SAB. de C.V. (OTCMKTS: GPFOF) is a diversified Mexican financial holding company controlled by Grupo Carso and ultimately by entrepreneur Carlos Slim Helú. The firm provides a comprehensive suite of financial services to both retail and corporate clients through its banking, insurance, pensions, asset management and brokerage operations. Inbursa’s integrated platform allows clients to access credit, savings, investment and risk‐protection products under one umbrella.

Within its banking arm, Inbursa offers personal and commercial loans, mortgage financing and deposit accounts, while its insurance division underwrites life, health and property‐casualty policies.