Grupo Herdez, S.A.B. de C.V. (OTCMKTS:GUZOF) Short Interest Down 42.0% in February

Grupo Herdez, S.A.B. de C.V. (OTCMKTS:GUZOF) was the recipient of a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 2,560 shares, a decline of 42.0% from the January 29th total of 4,415 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Grupo Herdez Price Performance

Shares of OTCMKTS GUZOF remained flat at C$4.76 during mid-day trading on Friday. Grupo Herdez has a 12-month low of C$2.52 and a 12-month high of C$5.23. The stock’s 50-day moving average is C$4.28 and its 200 day moving average is C$3.95.

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.