Grupo Herdez, S.A.B. de C.V. (OTCMKTS:GUZOF – Get Free Report) was the recipient of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 102 shares, a drop of 99.0% from the June 15th total of 9,928 shares. Based on an average daily volume of 1,000 shares, the days-to-cover ratio is presently 0.1 days.
Grupo Herdez Price Performance
Shares of OTCMKTS:GUZOF remained flat at C$2.94 during trading on Friday. The business has a 50-day moving average of C$3.38 and a 200-day moving average of C$4.03. Grupo Herdez has a twelve month low of C$2.72 and a twelve month high of C$5.23.
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.
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