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) saw a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 89,000 shares, a decline of 20.9% from the January 31st total of 112,500 shares. Based on an average daily volume of 80,700 shares, the days-to-cover ratio is currently 1.1 days.

Grupo Financiero Banorte Price Performance

Shares of GBOOY traded up $0.25 during mid-day trading on Tuesday, reaching $36.09. The company’s stock had a trading volume of 49,898 shares, compared to its average volume of 57,498. Grupo Financiero Banorte has a 1 year low of $30.00 and a 1 year high of $56.15. The business has a fifty day moving average of $35.39 and a 200 day moving average of $35.51.

Grupo Financiero Banorte Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid a $0.8627 dividend. The ex-dividend date was Monday, December 23rd.

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.