Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOY) Short Interest Up 123.2% in October

Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOY - Get Free Report) was the target of a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 33,700 shares, a growth of 123.2% from the September 30th total of 15,100 shares. Based on an average trading volume of 50,100 shares, the days-to-cover ratio is currently 0.7 days.

Grupo Financiero Banorte Stock Down 1.7 %

Shares of GBOOY stock traded down $0.61 during trading hours on Friday, reaching $35.12. 31,008 shares of the stock were exchanged, compared to its average volume of 33,536. Grupo Financiero Banorte has a 12-month low of $32.40 and a 12-month high of $56.15. The business's fifty day moving average is $36.24 and its two-hundred day moving average is $41.30.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.