Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:BMBOY – Get Free Report) was the target of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 169 shares, a drop of 61.8% from the July 30th total of 442 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 169 shares, the days-to-cover ratio is currently 1.0 days.
Grupo Bimbo Stock Performance
Shares of BMBOY stock opened at $13.86 on Friday. The company’s fifty day moving average price is $13.59 and its 200-day moving average price is $13.66. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.69 and a current ratio of 0.89. Grupo Bimbo has a 12 month low of $12.18 and a 12 month high of $15.82.
Grupo Bimbo Company Profile
Grupo Bimbo, SAB. de C.V. (OTCMKTS:BMBOY) is a Mexican multinational bakery products company founded in 1945 and headquartered in Mexico City. Over the decades, it has grown into one of the world’s largest baking firms by sales volume and operates as a publicly traded company on the Mexican Stock Exchange with an American depositary receipt program trading over the counter. The company’s origins trace back to a small bakery in Mexico City, and it has since expanded its footprint through organic growth and strategic acquisitions.
The company’s core business encompasses the production, marketing and distribution of a broad array of baked goods.
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