Grupo Financiero Inbursa, S.A.B. de C.V. (OTCMKTS:GPFOF) Short Interest Up 115.2% in August

Grupo Financiero Inbursa, S.A.B. de C.V. (OTCMKTS:GPFOF) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 3,218,834 shares, an increase of 115.2% from the August 15th total of 1,495,410 shares. Based on an average trading volume of 533 shares, the days-to-cover ratio is currently 6,039.1 days.

Grupo Financiero Inbursa Trading Up 9.7%

Shares of GPFOF traded up C$0.23 on Monday, reaching C$2.59. The stock had a trading volume of 1,950 shares, compared to its average volume of 2,223. Grupo Financiero Inbursa has a 12-month low of C$1.99 and a 12-month high of C$2.77. The company has a 50-day simple moving average of C$2.44 and a 200-day simple moving average of C$2.46.

About Grupo Financiero Inbursa

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.