Gruma, S.A.B. de C.V. (OTCMKTS:GPAGF) Short Interest Update

Gruma, S.A.B. de C.V. (OTCMKTS:GPAGF) saw a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 156,104 shares, a decline of 53.6% from the June 15th total of 336,525 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ? days.

Institutional Investors Weigh In On Gruma

A hedge fund recently bought a new stake in Gruma stock. McMillan Office Inc. purchased a new stake in Gruma, S.A.B. de C.V. (OTCMKTS:GPAGF) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 25,600 shares of the company’s stock, valued at approximately $476,000. 19.30% of the stock is currently owned by hedge funds and other institutional investors.

Gruma Stock Performance

Shares of Gruma stock traded down $0.04 during trading on Tuesday, hitting $16.21. The company’s stock had a trading volume of 10,350 shares, compared to its average volume of 2,392. Gruma has a 52 week low of $14.96 and a 52 week high of $20.62. The stock has a 50-day moving average price of $18.10 and a two-hundred day moving average price of $18.11.

Gruma Company Profile

Gruma, SAB. de C.V. is a Mexico-based multinational food processing company and one of the world’s leading producers of corn flour and tortillas. The company’s core business activities include the manufacture, marketing and sale of corn flour, wheat flour and related products under a portfolio of well-known brands such as Maseca, Mission and Guerrero. Gruma also produces and distributes a variety of flatbreads, snack foods and bakery items tailored to both retail consumers and the foodservice industry.

Founded in 1949 by Roberto González Barrera, Gruma has grown from a single tortilla plant in Monterrey into a global enterprise.