Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOF) Short Interest Update

Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOF) saw a large decrease in short interest in November. As of November 15th, there was short interest totalling 2,638,900 shares, a decrease of 20.9% from the October 31st total of 3,334,900 shares. Based on an average daily volume of 17,300 shares, the short-interest ratio is currently 152.5 days.

Grupo Financiero Banorte Trading Up 7.6 %

Shares of GBOOF stock traded up $0.47 during trading hours on Friday, hitting $6.75. 274,318 shares of the company were exchanged, compared to its average volume of 21,544. The firm has a fifty day moving average of $7.21 and a 200 day moving average of $7.73. Grupo Financiero Banorte has a 1 year low of $6.20 and a 1 year high of $11.35.

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.