Short Interest in Grupo Herdez, S.A.B. de C.V. (OTCMKTS:GUZOF) Grows By 121.6%

Grupo Herdez, S.A.B. de C.V. (OTCMKTS:GUZOF) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 38,471 shares, an increase of 121.6% from the November 30th total of 17,363 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Grupo Herdez Price Performance

OTCMKTS GUZOF opened at C$4.09 on Monday. The business has a fifty day simple moving average of C$3.94 and a 200 day simple moving average of C$3.47. Grupo Herdez has a 12 month low of C$2.52 and a 12 month high of C$4.09.

Grupo Herdez Company Profile

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.