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 - Get Free Report) was the target of a significant drop in short interest in April. As of April 15th, there was short interest totalling 600 shares, a drop of 94.7% from the March 31st total of 11,300 shares. Based on an average trading volume of 108,800 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company's shares are short sold.

Grupo Financiero Banorte Stock Up 2.7 %

Shares of OTCMKTS:GBOOY traded up $1.14 during mid-day trading on Wednesday, hitting $42.82. The stock had a trading volume of 19,006 shares, compared to its average volume of 47,521. Grupo Financiero Banorte has a 12-month low of $30.00 and a 12-month high of $53.37. The company's 50 day moving average is $37.01 and its 200-day moving average is $35.79.

Grupo Financiero Banorte (OTCMKTS:GBOOY - Get Free Report) last issued its earnings results on Tuesday, April 22nd. The company reported $1.32 EPS for the quarter, missing the consensus estimate of $26.79 by ($25.47). The firm had revenue of $1.99 billion during the quarter, compared to analyst estimates of $40.28 billion. As a group, research analysts expect that Grupo Financiero Banorte will post 4.84 earnings per share for the current year.

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.