Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOF – Get Rating) was the target of a large decrease in short interest in December. As of December 30th, there was short interest totalling 264,600 shares, a decrease of 36.1% from the December 15th total of 414,200 shares. Based on an average daily volume of 1,200 shares, the short-interest ratio is presently 220.5 days.
Grupo Financiero Banorte Trading Down 4.2 %
Shares of OTCMKTS:GBOOF traded down $0.36 during midday trading on Thursday, reaching $8.26. 498 shares of the company's stock traded hands, compared to its average volume of 15,822. Grupo Financiero Banorte has a 1 year low of $5.37 and a 1 year high of $8.66. The company has a fifty day simple moving average of $7.82 and a two-hundred day simple moving average of $6.98.
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Grupo Financiero Banorte, SAB. de C.V., through its subsidiaries, provides banking and financial products and services in Mexico. The company offers payroll accounts and credit cards; car, mortgage, payroll, and personal credit banorte; and savings and investment products. It also provides insurance products, including life, home, auto, health, savings, credit card, mobile equipment, and mortgage credit insurance; foreign exchange services; and online and mobile banking services.Read More
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