Banco del Bajío, S.A., Institución de Banca Múltiple (OTCMKTS:BBAJF) Short Interest Update

Banco del Bajío, S.A., Institución de Banca Múltiple (OTCMKTS:BBAJF) saw a large drop in short interest in the month of December. As of December 31st, there was short interest totaling 20,160 shares, a drop of 95.8% from the December 15th total of 485,362 shares. Based on an average daily trading volume, of 55 shares, the short-interest ratio is presently 366.5 days. Based on an average daily trading volume, of 55 shares, the short-interest ratio is presently 366.5 days.

Banco del Bajío, S.A., Institución de Banca Múltiple Stock Up 2.0%

Banco del Bajío, S.A., Institución de Banca Múltiple stock opened at $2.50 on Wednesday. Banco del Bajío, S.A., Institución de Banca Múltiple has a twelve month low of $2.16 and a twelve month high of $2.70. The stock’s fifty day simple moving average is $2.59 and its 200-day simple moving average is $2.43.

About Banco del Bajío, S.A., Institución de Banca Múltiple

Banco del Bajío, SA, Institución de Banca Múltiple operates as a full-service Mexican commercial bank, offering a broad range of financial products and services to corporate, small- and medium-sized enterprises (SMEs) and individual clients. The institution’s core business activities include commercial lending, working capital loans, mortgage financing, trade finance, leasing and factoring. In addition to traditional deposit accounts, savings instruments and debit/credit card services, the bank provides treasury and foreign exchange solutions designed to support domestic and export-oriented businesses.

Founded in 1994 and headquartered in León, Guanajuato, Banco del Bajío has grown from a regional lender into one of Mexico’s prominent mid-tier banks.