Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOY) Short Interest Down 86.6% in November

Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOY) saw a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 9,400 shares, a decrease of 86.6% from the October 31st total of 70,200 shares. Based on an average daily volume of 86,900 shares, the days-to-cover ratio is presently 0.1 days.

Grupo Financiero Banorte Stock Down 0.3 %

Shares of OTCMKTS:GBOOY traded down $0.09 during trading on Friday, hitting $32.32. 189,306 shares of the company traded hands, compared to its average volume of 66,542. The business’s fifty day moving average is $36.02 and its 200-day moving average is $38.64. Grupo Financiero Banorte has a one year low of $32.10 and a one year high of $56.15.

Grupo Financiero Banorte Company Profile

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.