Short Interest in Grupo Financiero Inbursa, S.A.B. de C.V. (OTCMKTS:GPFOF) Drops By 17.4%

Grupo Financiero Inbursa, S.A.B. de C.V. (OTCMKTS:GPFOF) was the recipient of a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 138,110 shares, a decline of 17.4% from the January 15th total of 167,294 shares. Based on an average daily volume of 1,574 shares, the days-to-cover ratio is presently 87.7 days. Based on an average daily volume of 1,574 shares, the days-to-cover ratio is presently 87.7 days.

Grupo Financiero Inbursa Stock Performance

Shares of OTCMKTS:GPFOF opened at C$2.56 on Wednesday. The company has a 50 day moving average of C$2.48 and a 200-day moving average of C$2.53. Grupo Financiero Inbursa has a one year low of C$2.13 and a one year high of C$2.78.

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.