Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOY) Short Interest Update

Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOY) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 500 shares, a drop of 96.9% from the November 30th total of 15,900 shares. Based on an average daily trading volume, of 130,300 shares, the days-to-cover ratio is currently 0.0 days.

Grupo Financiero Banorte Stock Down 2.0 %

OTCMKTS GBOOY traded down $0.68 on Friday, reaching $33.15. The company had a trading volume of 267,206 shares, compared to its average volume of 57,655. Grupo Financiero Banorte has a 1 year low of $30.00 and a 1 year high of $56.15. The firm has a 50-day moving average of $34.71 and a 200-day moving average of $36.72.

Grupo Financiero Banorte Cuts Dividend

The company also recently announced a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd will be issued a dividend of $0.8627 per share. The ex-dividend date is Monday, December 23rd.

Grupo Financiero Banorte Company Profile

Grupo Financiero Banorte, SAB. de C.V., through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally. The company accepts checking, current, retirement, and payroll accounts; and provides loans, including mortgage, car, payroll, personal, structured, syndicated, SME loans, and credit cards, as well as letter of credit financing, acquisition funding, and import and export foreign trade financing.