Grupo Financiero Inbursa, S.A.B. de C.V. (OTCMKTS:GPFOF) Sees Significant Growth in Short Interest

Grupo Financiero Inbursa, S.A.B. de C.V. (OTCMKTS:GPFOF) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 438,305 shares, an increase of 87.0% from the September 30th total of 234,371 shares. Based on an average trading volume of 3,623 shares, the short-interest ratio is currently 121.0 days.

Grupo Financiero Inbursa Price Performance

Shares of OTCMKTS GPFOF opened at C$2.45 on Friday. Grupo Financiero Inbursa has a 12 month low of C$1.99 and a 12 month high of C$2.70. The stock has a 50-day moving average price of C$2.44 and a two-hundred day moving average price of C$2.46.

Grupo Financiero Inbursa Company Profile

Grupo Financiero Inbursa, SAB. de C.V. is a Mexico-based financial services group that provides banking, insurance, investment, and related financial products. Through its subsidiaries, the company serves individuals, businesses, and institutional customers across Mexico.

Its principal operations include Banco Inbursa, which offers deposit accounts, loans, credit cards, mortgages, corporate banking, and other financial services. The group also provides insurance products through Seguros Inbursa, including coverage for automobiles, property, life, health, and businesses.

Grupo Financiero Inbursa’s other activities include securities brokerage, investment fund management, wealth management, and retirement-related financial services.