Short Interest in Grupo Financiero Inbursa, S.A.B. de C.V. (OTCMKTS:GPFOF) Grows By 115.2%
by Renee Jackson · The Cerbat GemGrupo Financiero Inbursa, S.A.B. de C.V. (OTCMKTS:GPFOF – Get Free Report) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 3,218,834 shares, an increase of 115.2% from the August 15th total of 1,495,410 shares. Based on an average daily trading volume, of 533 shares, the days-to-cover ratio is presently 6,039.1 days.
Grupo Financiero Inbursa Price Performance
Grupo Financiero Inbursa stock opened at C$2.50 on Tuesday. The company’s 50-day moving average price is C$2.45 and its two-hundred day moving average price is C$2.46. Grupo Financiero Inbursa has a twelve month low of C$1.99 and a twelve month high of C$2.77.
Grupo Financiero Inbursa Company Profile
Grupo Financiero Inbursa, SAB. de C.V. (OTCMKTS: GPFOF) is a diversified Mexican financial holding company controlled by Grupo Carso and ultimately by entrepreneur Carlos Slim Helú. The firm provides a comprehensive suite of financial services to both retail and corporate clients through its banking, insurance, pensions, asset management and brokerage operations. Inbursa’s integrated platform allows clients to access credit, savings, investment and risk‐protection products under one umbrella.
Within its banking arm, Inbursa offers personal and commercial loans, mortgage financing and deposit accounts, while its insurance division underwrites life, health and property‐casualty policies.