Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOF) Short Interest Update

Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOF) was the target of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 3,219,800 shares, agrowthof115.4% from the July 15th total of 1,494,700 shares. Based on an average trading volume of 15,500 shares, the short-interest ratio is currently 207.7 days. Based on an average trading volume of 15,500 shares, the short-interest ratio is currently 207.7 days.

Grupo Financiero Banorte Stock Down 6.1%

OTCMKTS:GBOOF opened at $8.65 on Tuesday. Grupo Financiero Banorte has a fifty-two week low of $6.10 and a fifty-two week high of $10.20. The company has a 50 day moving average price of $9.12 and a 200 day moving average price of $8.29.

About Grupo Financiero Banorte

Grupo Financiero Banorte, SAB. de C.V., through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally. The company accepts checking, current, retirement, and payroll accounts; and provides loans, including mortgage, car, payroll, personal, structured, syndicated, SME loans, and credit cards, as well as letter of credit financing, acquisition funding, and import and export foreign trade financing.