Banco del Bajío, S.A., Institución de Banca Múltiple (OTCMKTS:BBAJF) Short Interest Update

Banco del Bajío, S.A., Institución de Banca Múltiple (OTCMKTS:BBAJF) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 1,693,700 shares, a growth of 23.8% from the August 15th total of 1,368,200 shares. Based on an average trading volume of 7,600 shares, the short-interest ratio is presently 222.9 days.

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

OTCMKTS:BBAJF opened at $3.26 on Friday. Banco del Bajío, S.A., Institución de Banca Múltiple has a 1-year low of $2.32 and a 1-year high of $4.05. The business’s fifty day moving average price is $3.12 and its 200 day moving average price is $3.26.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group started coverage on Banco del Bajío, S.A., Institución de Banca Múltiple in a research report on Monday, August 7th. They set a “neutral” rating on the stock.

About Banco del Bajío, S.A., Institución de Banca Múltiple

Banco del Bajío, SA, Institución de Banca Múltiple provides banking products and services in Mexico. The company offers electronic banking, insurance products; credit and credit cards, trust contract; online banking; foreign exchange, and derivative finance services. It also offers working capital and fixed asset, and other loans; investment products; payroll advance services; financial factoring and leasing services.