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) saw a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 13,900 shares, a decline of 86.1% from the February 28th total of 100,100 shares. Approximately 0.0% of the company's stock are sold short. Based on an average trading volume of 56,500 shares, the short-interest ratio is currently 0.2 days.

Grupo Financiero Banorte Stock Performance

GBOOY traded down $0.34 during trading on Friday, hitting $35.73. 37,516 shares of the company's stock traded hands, compared to its average volume of 48,689. The company's 50 day simple moving average is $36.36 and its two-hundred day simple moving average is $35.67. Grupo Financiero Banorte has a 12-month low of $30.00 and a 12-month high of $55.62.

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.