Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:BMBOY – Get Free Report) was the recipient of a significant decrease in short interest during the month of May. As of May 31st, there was short interest totalling 300 shares, a decrease of 80.0% from the May 15th total of 1,500 shares. Based on an average trading volume of 600 shares, the days-to-cover ratio is currently 0.5 days.
Grupo Bimbo Stock Performance
Shares of OTCMKTS:BMBOY opened at $10.71 on Friday. The firm has a fifty day moving average price of $11.62 and a 200 day moving average price of $11.17. Grupo Bimbo has a fifty-two week low of $9.69 and a fifty-two week high of $15.96.
Grupo Bimbo Cuts Dividend
The business also recently announced a dividend, which was paid on Wednesday, May 21st. Investors of record on Wednesday, May 14th were given a dividend of $0.184 per share. The ex-dividend date was Tuesday, May 13th. This represents a dividend yield of 1.6%.
About Grupo Bimbo
Grupo Bimbo, SAB. de C.V., together with its subsidiaries, produces, distributes, and sells various bakery products. It offers sliced bread, buns and rolls, pastries, cakes, cookies, toast, English muffins, bagels, tortillas and flatbreads, and salty snacks. The company provides its products under various brands.
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