Grupo Herdez, S.A.B. de C.V. (OTCMKTS:GUZOF – Get Free Report) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 502 shares, an increase of 99.2% from the August 15th total of 252 shares. Based on an average daily trading volume, of 45 shares, the days-to-cover ratio is currently 11.2 days.
Grupo Herdez Stock Performance
Shares of OTCMKTS GUZOF opened at C$2.90 on Thursday. The stock’s 50 day moving average price is C$2.99 and its two-hundred day moving average price is C$3.59. Grupo Herdez has a 52-week low of C$2.90 and a 52-week high of C$5.23.
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.
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