Grupo Herdez, S.A.B. de C.V. (OTCMKTS:GUZOF) Sees Large Decline in Short Interest

by · The Cerbat Gem

Grupo Herdez, S.A.B. de C.V. (OTCMKTS:GUZOF – Get Free Report) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 96 shares, a drop of 95.7% from the September 30th total of 2,209 shares. Based on an average daily trading volume, of 44 shares, the days-to-cover ratio is presently 2.2 days.

Grupo Herdez Price Performance

Shares of GUZOF remained flat at C$2.86 during trading on Monday. The firm’s fifty day simple moving average is C$2.92 and its 200 day simple moving average is C$3.26. Grupo Herdez has a 1 year low of C$2.86 and a 1 year high of C$5.23.

About Grupo Herdez

(Get Free Report)

Grupo Herdez, SAB. de C.V. is a Mexico-based food company with a history dating to 1914. The company develops, markets, and distributes packaged foods and beverages for consumers in Mexico and selected international markets, with products spanning sauces, salsas, vegetables, legumes, canned foods, frozen foods, and other shelf-stable grocery categories.

Its portfolio includes well-known brands such as Herdez, Doña María, Del Fuerte, La Victoria, Nutrisa, and Barilla products in Mexico.

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