Short Interest in Banco del Bajío, S.A., Institución de Banca Múltiple (OTCMKTS:BBAJF) Increases By 41.9%

Banco del Bajío, S.A., Institución de Banca Múltiple (OTCMKTS:BBAJF) was the recipient of a large growth in short interest in February. As of February 27th, there was short interest totaling 2,850,046 shares, a growth of 41.9% from the February 12th total of 2,008,674 shares. Based on an average daily volume of 9,832 shares, the short-interest ratio is currently 289.9 days. Based on an average daily volume of 9,832 shares, the short-interest ratio is currently 289.9 days.

Banco del Bajío, S.A., Institución de Banca Múltiple Trading Down 6.3%

Shares of BBAJF opened at $2.81 on Friday. Banco del Bajío, S.A., Institución de Banca Múltiple has a 52-week low of $2.16 and a 52-week high of $3.00. The stock has a fifty day moving average price of $2.89 and a two-hundred day moving average price of $2.63.

Banco del Bajío, S.A., Institución de Banca Múltiple Company Profile

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.