Short Interest in Grupo Herdez, S.A.B. de C.V. (OTCMKTS:GUZOF) Increases By 115.8%
by Jessica Moore · The Cerbat GemGrupo Herdez, S.A.B. de C.V. (OTCMKTS:GUZOF – Get Free Report) saw a significant growth in short interest in April. As of April 15th, there was short interest totaling 53,444 shares, a growth of 115.8% from the March 31st total of 24,771 shares. Based on an average trading volume of 6 shares, the short-interest ratio is currently 8,907.3 days.
Grupo Herdez Price Performance
Shares of Grupo Herdez stock remained flat at C$4.12 during trading hours on Friday. The firm’s 50-day simple moving average is C$4.55 and its two-hundred day simple moving average is C$4.20. Grupo Herdez has a 52-week low of C$2.62 and a 52-week high of C$5.23.
About Grupo Herdez
Grupo Herdez (OTCMKTS:GUZOF) is one of Mexico’s leading packaged food companies, with a portfolio of well-known brands serving both retail and foodservice channels. Established in Mexico City in the early 20th century, the company has grown from a regional sauce producer into a diversified food processor with operations spanning multiple product categories.
The company’s core offerings include salsas, sauces, canned vegetables, frozen foods, jams and jellies, and ready-to-eat meals. In addition to its flagship Herdez brand, the group holds licenses and partnerships to produce and distribute international brands in the Mexican market, such as Barilla pasta and McCormick spices.