Short Interest in Grupo Financiero Inbursa, S.A.B. de C.V. (OTCMKTS:GPFOF) Declines By 80.3%

Grupo Financiero Inbursa, S.A.B. de C.V. (OTCMKTS:GPFOF) was the recipient of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 2,451,081 shares, a decline of 80.3% from the June 15th total of 12,473,326 shares. Based on an average daily trading volume, of 1,419 shares, the days-to-cover ratio is presently 1,727.3 days.

Grupo Financiero Inbursa Stock Performance

Shares of OTCMKTS:GPFOF remained flat at C$2.40 during trading on Friday. The business’s fifty day simple moving average is C$2.43 and its two-hundred day simple moving average is C$2.47. Grupo Financiero Inbursa has a twelve month low of C$1.99 and a twelve month high of C$2.77.

Grupo Financiero Inbursa Company Profile

Grupo Financiero Inbursa, SAB. de C.V. (OTCMKTS: GPFOF) is a diversified Mexican financial holding company controlled by Grupo Carso and ultimately by entrepreneur Carlos Slim Helú. The firm provides a comprehensive suite of financial services to both retail and corporate clients through its banking, insurance, pensions, asset management and brokerage operations. Inbursa’s integrated platform allows clients to access credit, savings, investment and risk‐protection products under one umbrella.

Within its banking arm, Inbursa offers personal and commercial loans, mortgage financing and deposit accounts, while its insurance division underwrites life, health and property‐casualty policies.