Grupo Comercial Chedraui, S.A.B. de C.V. (OTCMKTS:GCHEF) Short Interest Down 62.3% in December

Grupo Comercial Chedraui, S.A.B. de C.V. (OTCMKTS:GCHEF) saw a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 603,479 shares, a drop of 62.3% from the December 15th total of 1,602,590 shares. Based on an average daily volume of 19 shares, the days-to-cover ratio is currently 31,762.1 days. Based on an average daily volume of 19 shares, the days-to-cover ratio is currently 31,762.1 days.

Grupo Comercial Chedraui Price Performance

GCHEF opened at $7.10 on Friday. Grupo Comercial Chedraui has a one year low of $5.50 and a one year high of $8.65. The business has a 50 day simple moving average of $7.23 and a two-hundred day simple moving average of $7.67.

About Grupo Comercial Chedraui

Grupo Comercial Chedraui, SAB. de C.V. (OTCMKTS:GCHEF) is a Mexico‐based retail company that operates a network of supermarkets and department stores. The company’s core business centers on the sale of groceries, household items, apparel and general merchandise to both urban and suburban customers. Through its primary Chedraui banner, it offers a range of private-label and national brands, including fresh produce, meat and bakery products, as well as electronics and home furnishings.

In addition to its operations in Mexico, Grupo Comercial Chedraui has pursued a strategic presence in the United States under the El Super and Fiesta banners.