Short Interest in Grupo Herdez, S.A.B. de C.V. (OTCMKTS:GUZOF) Rises By 184.3%

Grupo Herdez, S.A.B. de C.V. (OTCMKTS:GUZOF) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 290 shares, a growth of 184.3% from the June 30th total of 102 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ? days.

Grupo Herdez Price Performance

Shares of OTCMKTS:GUZOF remained flat at C$3.00 during midday trading on Tuesday. Grupo Herdez has a fifty-two week low of C$2.88 and a fifty-two week high of C$5.23. The company’s 50 day moving average price is C$3.24 and its 200-day moving average price is C$3.95.

About Grupo Herdez

Grupo Herdez (OTCMKTS:GUZOF) is one of Mexico’s leading packaged food companies, with a portfolio of well-known brands serving both retail and foodservice channels. Established in Mexico City in the early 20th century, the company has grown from a regional sauce producer into a diversified food processor with operations spanning multiple product categories.

The company’s core offerings include salsas, sauces, canned vegetables, frozen foods, jams and jellies, and ready-to-eat meals. In addition to its flagship Herdez brand, the group holds licenses and partnerships to produce and distribute international brands in the Mexican market, such as Barilla pasta and McCormick spices.