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

Grupo Herdez, S.A.B. de C.V. (OTCMKTS:GUZOF) saw a large increase in short interest in July. As of July 15th, there was short interest totaling 290 shares, an increase of 184.3% from the June 30th total of 102 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Grupo Herdez Price Performance

GUZOF opened at C$3.00 on Monday. The company’s 50 day simple moving average is C$3.25 and its two-hundred day simple moving average is C$3.95. Grupo Herdez has a 1-year low of C$2.88 and a 1-year high of C$5.23.

Grupo Herdez Company Profile

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.