Short Interest in Banco del Bajío, S.A., Institución de Banca Múltiple (OTCMKTS:BBAJF) Grows By 54.1%

Banco del Bajío, S.A., Institución de Banca Múltiple (OTCMKTS:BBAJF) was the target of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 2,008,674 shares, an increase of 54.1% from the January 29th total of 1,303,278 shares. Based on an average daily volume of 360 shares, the short-interest ratio is presently 5,579.7 days. Based on an average daily volume of 360 shares, the short-interest ratio is presently 5,579.7 days.

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

BBAJF opened at $3.00 on Friday. The stock’s 50 day moving average price is $2.83 and its 200-day moving average price is $2.58. Banco del Bajío, S.A., Institución de Banca Múltiple has a one year low of $2.16 and a one year high of $3.00.

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.