Banco del Bajío, S.A., Institución de Banca Múltiple (OTCMKTS:BBAJF) Short Interest Up 166.3% in March

Banco del Bajío, S.A., Institución de Banca Múltiple (OTCMKTS:BBAJF) was the recipient of a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 7,588,847 shares, a growth of 166.3% from the February 26th total of 2,850,046 shares. Based on an average daily trading volume, of 633 shares, the short-interest ratio is presently 11,988.7 days. Based on an average daily trading volume, of 633 shares, the short-interest ratio is presently 11,988.7 days.

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

Shares of BBAJF stock opened at $2.81 on Wednesday. The stock has a fifty day moving average of $2.93 and a 200 day moving average of $2.67. Banco del Bajío, S.A., Institución de Banca Múltiple has a 52 week low of $2.16 and a 52 week high of $3.00.

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.