Grupo Comercial Chedraui, S.A.B. de C.V. (OTCMKTS:GCHEF) Sees Large Growth in Short Interest

Grupo Comercial Chedraui, S.A.B. de C.V. (OTCMKTS:GCHEFGet Rating) was the recipient of a significant increase in short interest in April. As of April 30th, there was short interest totalling 72,400 shares, an increase of 33.3% from the April 15th total of 54,300 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Shares of OTCMKTS GCHEF remained flat at $$1.92 during midday trading on Monday. Grupo Comercial Chedraui has a one year low of $1.57 and a one year high of $1.93. The company’s 50-day moving average is $1.92 and its 200-day moving average is $1.92.

Grupo Comercial Chedraui Company Profile (Get Rating)

Grupo Comercial Chedraui, SAB. de C.V. operates self-service stores. The company operates through three segments: Retail in Mexico, Retail in the United States, and Real Estate. Its stores sell electronic goods, perishables, cloths, groceries, and general merchandise. The company also leases commercial space to third parties; and operates and maintains shopping centers.

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