Grupo Herdez, S.A.B. de C.V. (OTCMKTS:GUZOF) Sees Significant Decline in Short Interest

Grupo Herdez, S.A.B. de C.V. (OTCMKTS:GUZOF) was the target of a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 4,415 shares, a drop of 79.2% from the January 15th total of 21,273 shares. Based on an average daily trading volume, of 501 shares, the short-interest ratio is presently 8.8 days. Based on an average daily trading volume, of 501 shares, the short-interest ratio is presently 8.8 days.

Grupo Herdez Stock Performance

Shares of GUZOF stock remained flat at C$4.40 during trading hours on Tuesday. The firm’s 50-day moving average price is C$4.14 and its 200 day moving average price is C$3.80. Grupo Herdez has a one year low of C$2.52 and a one year high of C$4.40.

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.