Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:BMBOY) Sees Significant Drop in Short Interest

Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:BMBOY) was the recipient of a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 500 shares, a decrease of 79.2% from the January 15th total of 2,400 shares. Based on an average daily volume of 1,400 shares, the days-to-cover ratio is presently 0.4 days.

Grupo Bimbo Price Performance

Shares of OTCMKTS BMBOY remained flat at $10.60 during trading hours on Thursday. Grupo Bimbo has a 1 year low of $9.69 and a 1 year high of $19.00. The stock has a 50 day moving average of $10.72 and a two-hundred day moving average of $12.47.

Grupo Bimbo Company Profile

Grupo Bimbo, SAB. de C.V., together with its subsidiaries, produces, distributes, and sells various bakery products. It offers sliced bread, buns and rolls, pastries, cakes, cookies, toast, English muffins, bagels, tortillas and flatbreads, and salty snacks. The company provides its products under various brands.