Grupo Herdez, S.A.B. de C.V. (OTCMKTS:GUZOF – Get Free Report) was the target of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 102 shares, a decrease of 99.0% from the June 15th total of 9,928 shares. Based on an average trading volume of 1,000 shares, the days-to-cover ratio is currently 0.1 days.
Grupo Herdez Price Performance
OTCMKTS:GUZOF remained flat at C$2.94 during trading hours on Friday. Grupo Herdez has a 1-year low of C$2.72 and a 1-year high of C$5.23. The stock’s fifty day simple moving average is C$3.38 and its 200 day simple moving average is C$4.03.
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.
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