Banco del Bajío, S.A., Institución de Banca Múltiple (OTCMKTS:BBAJF) Short Interest Update

Banco del Bajío, S.A., Institución de Banca Múltiple (OTCMKTS:BBAJF) was the recipient of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 2,815,485 shares, a decrease of 56.4% from the April 30th total of 6,456,568 shares. Based on an average trading volume of 16,799 shares, the days-to-cover ratio is currently 167.6 days.

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

Shares of OTCMKTS:BBAJF opened at $3.06 on Tuesday. Banco del Bajío, S.A., Institución de Banca Múltiple has a 12 month low of $2.24 and a 12 month high of $3.38. The company’s 50-day moving average price is $3.20 and its two-hundred day moving average price is $2.92.

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.