Grupo Financiero Inbursa, S.A.B. de C.V. (OTCMKTS:GPFOF) Sees Significant Increase in Short Interest

Grupo Financiero Inbursa, S.A.B. de C.V. (OTCMKTS:GPFOF) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 12,473,326 shares, a growth of 1,167.8% from the May 31st total of 983,849 shares. Based on an average daily trading volume, of 7,531 shares, the short-interest ratio is presently 1,656.3 days.

Grupo Financiero Inbursa Stock Performance

Shares of OTCMKTS GPFOF remained flat at C$2.33 during midday trading on Thursday. 1,200 shares of the stock traded hands, compared to its average volume of 2,579. The firm’s 50 day moving average is C$2.47 and its 200 day moving average is C$2.47. Grupo Financiero Inbursa has a 52-week low of C$1.99 and a 52-week high of C$2.77.

About Grupo Financiero Inbursa

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.