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 recipient of a large decrease in short interest in March. As of March 31st, there was short interest totalling 11,300 shares, a decrease of 18.7% from the March 15th total of 13,900 shares. Approximately 0.0% of the company's stock are sold short. Based on an average trading volume of 63,700 shares, the short-interest ratio is currently 0.2 days.

Grupo Financiero Banorte Stock Down 0.0 %

Shares of GBOOY traded down $0.02 during midday trading on Thursday, reaching $40.69. 25,358 shares of the stock were exchanged, compared to its average volume of 48,189. The firm has a 50 day simple moving average of $36.58 and a 200-day simple moving average of $35.68. Grupo Financiero Banorte has a 12-month low of $30.00 and a 12-month high of $53.37.

Grupo Financiero Banorte (OTCMKTS:GBOOY - Get Free Report) last released its earnings results on Tuesday, April 22nd. The company reported $1.32 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $26.79 by ($25.47). The business had revenue of $1.99 billion during the quarter, compared to analysts' expectations of $40.28 billion. Equities research analysts forecast that Grupo Financiero Banorte will post 4.84 EPS for the current fiscal year.

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.