Banco del Bajío, S.A., Institución de Banca Múltiple (OTCMKTS:BBAJF) Short Interest Up 2,254.3% in January

Banco del Bajío, S.A., Institución de Banca Múltiple (OTCMKTS:BBAJF) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 474,620 shares, an increase of 2,254.3% from the December 31st total of 20,160 shares. Based on an average trading volume of 1,717 shares, the days-to-cover ratio is presently 276.4 days. Based on an average trading volume of 1,717 shares, the days-to-cover ratio is presently 276.4 days.

Banco del Bajío, S.A., Institución de Banca Múltiple Stock Performance

Shares of OTCMKTS:BBAJF opened at $3.00 on Wednesday. Banco del Bajío, S.A., Institución de Banca Múltiple has a 12-month low of $2.16 and a 12-month high of $3.00. The company’s 50 day moving average price is $2.64 and its two-hundred day moving average price is $2.46.

Banco del Bajío, S.A., Institución de Banca Múltiple Company Profile

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.