Grupo Financiero Banorte SAB de CV (OTCMKTS:GBOOY) Stock Short Interest Climbs 391.7%

Posted by Amy Steele on Oct 10th, 2026

Grupo Financiero Banorte SAB de CV (OTCMKTS:GBOOY – Get Free Report) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 66,250 shares, a growth of 391.7% from the September 15th total of 13,474 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 74,293 shares, the days-to-cover ratio is currently 0.9 days.

Grupo Financiero Banorte SAB de CV Price Performance

OTCMKTS GBOOY opened at $51.63 on Friday. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.64. Grupo Financiero Banorte SAB de CV has a 1 year low of $45.00 and a 1 year high of $63.81. The company has a market cap of $29.05 billion, a PE ratio of 8.71, a PEG ratio of 1.17 and a beta of 0.71. The stock’s 50-day moving average price is $55.96 and its two-hundred day moving average price is $55.01.

Grupo Financiero Banorte SAB de CV (OTCMKTS:GBOOY – Get Free Report) last announced its earnings results on Tuesday, July 21st. The company reported $1.59 EPS for the quarter, topping the consensus estimate of $1.58 by $0.01. The company had revenue of $2.48 billion during the quarter, compared to analysts’ expectations of $2.29 billion. Grupo Financiero Banorte SAB de CV had a net margin of 14.97% and a return on equity of 22.30%. On average, analysts predict that Grupo Financiero Banorte SAB de CV will post 6.35 EPS for the current year.

About Grupo Financiero Banorte SAB de CV

(Get Free Report)

Grupo Financiero Banorte, SAB. de C.V. is a Mexico-based financial services holding company whose principal business is conducted through Banco Mercantil del Norte, commonly known as Banorte. The group provides banking services to individuals, businesses, corporations and government entities, including deposit accounts, consumer and commercial lending, mortgages, payment services, cash management and electronic banking.

Through its affiliated companies, Grupo Financiero Banorte also offers brokerage and investment banking services, insurance products, pension and retirement administration, leasing, factoring and other financial services.