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

Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:BMBOY) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totalling 2,000 shares, an increase of 566.7% from the March 31st total of 300 shares. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is presently 3.3 days.

Grupo Bimbo Stock Performance

OTCMKTS BMBOY remained flat at $16.49 on Friday. The company’s stock had a trading volume of 146 shares, compared to its average volume of 504. The firm has a fifty day simple moving average of $17.61 and a two-hundred day simple moving average of $18.40. Grupo Bimbo has a one year low of $14.87 and a one year high of $22.76.

About Grupo Bimbo

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.