Banco del Bajío, S.A., Institución de Banca Múltiple (OTCMKTS:BBAJF) Short Interest Update

Banco del Bajío, S.A., Institución de Banca Múltiple (OTCMKTS:BBAJF) was the target of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 2,815,485 shares, a decrease of 56.4% from the April 30th total of 6,456,568 shares. Based on an average daily volume of 16,799 shares, the days-to-cover ratio is currently 167.6 days.

Banco del Bajío, S.A., Institución de Banca Múltiple Stock Performance

Shares of OTCMKTS BBAJF opened at $3.06 on Monday. The business has a fifty day simple moving average of $3.20 and a 200 day simple moving average of $2.92. Banco del Bajío, S.A., Institución de Banca Múltiple has a one year low of $2.24 and a one year high of $3.38.

About Banco del Bajío, S.A., Institución de Banca Múltiple

Banco del Bajío, SA, Institución de Banca Múltiple operates as a full-service Mexican commercial bank, offering a broad range of financial products and services to corporate, small- and medium-sized enterprises (SMEs) and individual clients. The institution’s core business activities include commercial lending, working capital loans, mortgage financing, trade finance, leasing and factoring. In addition to traditional deposit accounts, savings instruments and debit/credit card services, the bank provides treasury and foreign exchange solutions designed to support domestic and export-oriented businesses.

Founded in 1994 and headquartered in León, Guanajuato, Banco del Bajío has grown from a regional lender into one of Mexico’s prominent mid-tier banks.