Banco del Bajío, S.A., Institución de Banca Múltiple (OTCMKTS:BBAJF) Short Interest Up 2,254.3% in January

Banco del Bajío, S.A., Institución de Banca Múltiple (OTCMKTS:BBAJF) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 474,620 shares, a growth of 2,254.3% from the December 31st total of 20,160 shares. Based on an average daily volume of 1,717 shares, the short-interest ratio is currently 276.4 days. Based on an average daily volume of 1,717 shares, the short-interest ratio is currently 276.4 days.

Banco del Bajío, S.A., Institución de Banca Múltiple Price Performance

BBAJF remained flat at $3.00 during mid-day trading on Tuesday. The business’s fifty day moving average is $2.64 and its 200-day moving average is $2.46. Banco del Bajío, S.A., Institución de Banca Múltiple has a twelve month low of $2.16 and a twelve month high of $3.00.

About Banco del Bajío, S.A., Institución de Banca Múltiple

Banco del Bajío, SA, Institución de Banca Múltiple operates as a full-service Mexican commercial bank, offering a broad range of financial products and services to corporate, small- and medium-sized enterprises (SMEs) and individual clients. The institution’s core business activities include commercial lending, working capital loans, mortgage financing, trade finance, leasing and factoring. In addition to traditional deposit accounts, savings instruments and debit/credit card services, the bank provides treasury and foreign exchange solutions designed to support domestic and export-oriented businesses.

Founded in 1994 and headquartered in León, Guanajuato, Banco del Bajío has grown from a regional lender into one of Mexico’s prominent mid-tier banks.