Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOY) Short Interest Up 14.3% in August

Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOY) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 9,600 shares, a growth of 14.3% from the August 15th total of 8,400 shares. Based on an average daily trading volume, of 28,100 shares, the short-interest ratio is presently 0.3 days.

Grupo Financiero Banorte Trading Up 1.1 %

Shares of OTCMKTS GBOOY traded up $0.46 during mid-day trading on Tuesday, hitting $43.52. 16,835 shares of the stock traded hands, compared to its average volume of 22,769. The stock has a fifty day moving average price of $43.53 and a 200-day moving average price of $42.43. Grupo Financiero Banorte has a 52 week low of $31.70 and a 52 week high of $47.63.

Grupo Financiero Banorte Company Profile

Grupo Financiero Banorte, SAB. de C.V., through its subsidiaries, provides banking and financial products and services in Mexico. The company offers payroll accounts and credit cards; car, mortgage, payroll, and personal credit banorte; and savings and investment products. It also provides insurance products, including life, home, auto, health, savings, credit card, mobile equipment, and mortgage credit insurance; foreign exchange services; and online and mobile banking services.