Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOY) Short Interest Up 520.0% in January

Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOY) was the recipient of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 3,100 shares, a growth of 520.0% from the December 31st total of 500 shares. Based on an average trading volume of 186,400 shares, the short-interest ratio is presently 0.0 days.

Grupo Financiero Banorte Stock Down 0.8 %

OTCMKTS:GBOOY traded down $0.30 during trading hours on Tuesday, hitting $35.96. The stock had a trading volume of 54,459 shares, compared to its average volume of 79,709. Grupo Financiero Banorte has a one year low of $30.00 and a one year high of $56.15. The business’s 50 day moving average is $34.33 and its 200-day moving average is $35.82.

Grupo Financiero Banorte Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a dividend of $0.8627 per share. The ex-dividend date of this dividend was Monday, December 23rd.

About Grupo Financiero Banorte

Grupo Financiero Banorte, SAB. de C.V., through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally. The company accepts checking, current, retirement, and payroll accounts; and provides loans, including mortgage, car, payroll, personal, structured, syndicated, SME loans, and credit cards, as well as letter of credit financing, acquisition funding, and import and export foreign trade financing.