Short Interest in Grupo Herdez, S.A.B. de C.V. (OTCMKTS:GUZOF) Drops By 49.8%

Grupo Herdez, S.A.B. de C.V. (OTCMKTS:GUZOF) was the target of a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 21,273 shares, a decrease of 49.8% from the December 31st total of 42,412 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Grupo Herdez Stock Performance

Shares of GUZOF opened at C$4.09 on Thursday. Grupo Herdez has a one year low of C$2.52 and a one year high of C$4.09. The company’s fifty day moving average price is C$4.09 and its 200 day moving average price is C$3.69.

About Grupo Herdez

Grupo Herdez (OTCMKTS:GUZOF) is one of Mexico’s leading packaged food companies, with a portfolio of well-known brands serving both retail and foodservice channels. Established in Mexico City in the early 20th century, the company has grown from a regional sauce producer into a diversified food processor with operations spanning multiple product categories.

The company’s core offerings include salsas, sauces, canned vegetables, frozen foods, jams and jellies, and ready-to-eat meals. In addition to its flagship Herdez brand, the group holds licenses and partnerships to produce and distribute international brands in the Mexican market, such as Barilla pasta and McCormick spices.