Gruma, S.A.B. de C.V. (OTCMKTS:GPAGF – Get Free Report) was the target of a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 416,500 shares, a decline of 27.5% from the March 31st total of 574,200 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is presently 2,082.5 days.
Gruma Price Performance
Shares of GPAGF opened at $17.79 on Friday. Gruma has a one year low of $14.16 and a one year high of $21.81. The stock has a 50-day moving average price of $17.92 and a 200 day moving average price of $17.00.
Gruma Dividend Announcement
The firm also recently announced a dividend, which was paid on Friday, April 11th. Stockholders of record on Friday, April 11th were paid a dividend of $1.26 per share. This represents a dividend yield of 1.33%. The ex-dividend date was Thursday, April 10th.
Gruma Company Profile
Gruma, SAB. de C.V., together with its subsidiaries, produces and sells corn flour, tortillas, and other related products. The company offers corn flour, snacks and/or cereal, beer grits, and polenta; prepared corn or wheat flours for pancakes, cakes, crêpes, brownies, churros, pizza dough, cachapas, sweet arepitas, etc.; corn and wheat tortillas; tortilla chips, taco shells, and tostadas; flatbreads, including wraps, pita bread, naan, chapatti, pizza doughs, piadina, breakfast breads, and crackers; sauces/dips; palmito; pasta; marinades; and rice and oats.
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