Grupo Financiero Inbursa, S.A.B. de C.V. (OTCMKTS:GPFOF – Get Free Report) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 3,218,834 shares, an increase of 115.2% from the August 15th total of 1,495,410 shares. Based on an average daily trading volume, of 533 shares, the days-to-cover ratio is currently 6,039.1 days.
Grupo Financiero Inbursa Stock Performance
OTCMKTS:GPFOF opened at C$2.50 on Wednesday. The firm’s 50 day simple moving average is C$2.45 and its 200 day simple moving average is C$2.46. Grupo Financiero Inbursa has a one year low of C$1.99 and a one year 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.
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