Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:BMBOY – Get Free Report) saw a large increase in short interest in June. As of June 15th, there was short interest totalling 600 shares, an increase of 50.0% from the May 31st total of 400 shares. Based on an average daily trading volume, of 1,000 shares, the short-interest ratio is currently 0.6 days.
Grupo Bimbo Trading Down 4.9 %
OTCMKTS:BMBOY opened at $14.15 on Monday. The stock has a 50 day moving average of $16.08 and a two-hundred day moving average of $17.65. Grupo Bimbo has a 12 month low of $14.10 and a 12 month high of $22.36.
Grupo Bimbo Increases Dividend
The business also recently declared a dividend, which was paid on Tuesday, May 21st. Stockholders of record on Monday, May 13th were issued a dividend of $0.2011 per share. The ex-dividend date was Friday, May 10th. This is a positive change from Grupo Bimbo’s previous dividend of $0.15.
About Grupo Bimbo
Grupo Bimbo, SAB. de C.V., together with its subsidiaries, produces, distributes, and sells various bakery products. It offers sliced bread, buns and rolls, pastries, cakes, cookies, toast, English muffins, bagels, tortillas and flatbreads, and salty snacks. The company provides its products under various brands.
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