Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOY) Short Interest Up 108.3% in October

Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOY) saw a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 70,200 shares, a growth of 108.3% from the October 15th total of 33,700 shares. Based on an average daily trading volume, of 89,900 shares, the days-to-cover ratio is presently 0.8 days.

Grupo Financiero Banorte Trading Down 1.1 %

OTCMKTS GBOOY traded down $0.39 during trading hours on Wednesday, reaching $35.01. The company had a trading volume of 122,267 shares, compared to its average volume of 54,029. Grupo Financiero Banorte has a 1-year low of $32.40 and a 1-year high of $56.15. The stock has a 50-day moving average of $36.31 and a 200 day moving average of $39.84.

About Grupo Financiero Banorte

Grupo Financiero Banorte, SAB. de C.V., through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally. The company accepts checking, current, retirement, and payroll accounts; and provides loans, including mortgage, car, payroll, personal, structured, syndicated, SME loans, and credit cards, as well as letter of credit financing, acquisition funding, and import and export foreign trade financing.