Grupo Herdez, S.A.B. de C.V. (OTCMKTS:GUZOF) Stock Short Interest Jumps 3,868.8%

Grupo Herdez, S.A.B. de C.V. (OTCMKTS:GUZOF) was the recipient of a significant growth in short interest in October. As of October 30th, there was short interest totaling 3,810 shares, a growth of 3,868.8% from the October 15th total of 96 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Grupo Herdez Stock Performance

Shares of GUZOF opened at C$7.00 on Thursday. The business has a 50-day moving average of C$3.38 and a 200-day moving average of C$3.68. Grupo Herdez has a 1 year low of C$2.86 and a 1 year high of C$7.00.

Grupo Herdez Company Profile

Grupo Herdez is a Mexican food company that manufactures and markets packaged foods and other consumer products. Its offerings include sauces and salsas, canned vegetables, mayonnaise and other condiments, mole, jams, pasta and seafood products. Founded in 1914, the company has built a portfolio of brands that includes Herdez, Del Fuerte and Doña María. It also participates in joint ventures, including McCormick de México, and has expanded into businesses such as frozen yogurt through Nutrisa. Grupo Herdez serves consumers primarily in Mexico and also markets products internationally, including in the United States.