Short Interest in Grupo Comercial Chedraui, S.A.B. de C.V. (OTCMKTS:GCHEF) Decreases By 66.6%

Grupo Comercial Chedraui, S.A.B. de C.V. (OTCMKTS:GCHEFGet Free Report) saw a large decrease in short interest in the month of August. As of August 31st, there was short interest totalling 62,300 shares, a decrease of 66.6% from the August 15th total of 186,700 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 623.0 days.

Grupo Comercial Chedraui Stock Performance

Shares of GCHEF stock opened at $6.38 on Thursday. The company’s 50-day simple moving average is $5.74 and its two-hundred day simple moving average is $5.61. Grupo Comercial Chedraui has a one year low of $4.78 and a one year high of $6.38.

Grupo Comercial Chedraui Company Profile

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Grupo Comercial Chedraui, SAB. de C.V. operates selfservice stores. The company operates supermarkets for fruits and vegetables; res, pig, aves, fish, shrimp and shellfish, and other meats; coffee and tea, cereals and bars, cookies, soups, pastas, and purees; sausages, ham, bacon, and other cold meats; creams, eggs, leche, butter, marfarines, shortenings, yoghurt, and fermented; and cheese products.

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