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

Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOY - Get Free Report) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 500 shares, a drop of 96.9% from the November 30th total of 15,900 shares. Based on an average daily trading volume, of 130,300 shares, the days-to-cover ratio is currently 0.0 days.

Grupo Financiero Banorte Price Performance

Shares of GBOOY traded down $0.68 during mid-day trading on Friday, hitting $33.15. 267,206 shares of the company's stock traded hands, compared to its average volume of 57,655. The business's 50-day moving average price is $34.71 and its 200-day moving average price is $36.72. Grupo Financiero Banorte has a 1 year low of $30.00 and a 1 year high of $56.15.

Grupo Financiero Banorte Cuts Dividend

The business also recently declared a dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 23rd will be given a dividend of $0.8627 per share. The ex-dividend date of this dividend is Monday, December 23rd.

About Grupo Financiero Banorte

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.