Grupo Comercial Chedraui, S.A.B. de C.V. (OTCMKTS:GCHEF) Sees Significant Increase in Short Interest

by · The Markets Daily

Grupo Comercial Chedraui, S.A.B. de C.V. (OTCMKTS:GCHEF – Get Free Report) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 1,270,200 shares, a growth of 496.3% from the September 30th total of 213,000 shares. Based on an average daily trading volume, of 1,100 shares, the short-interest ratio is presently 1,154.7 days.

Grupo Comercial Chedraui Stock Down 3.1 %

Shares of OTCMKTS:GCHEF traded down $0.21 during midday trading on Friday, hitting $6.75. The company had a trading volume of 100 shares, compared to its average volume of 5,811. Grupo Comercial Chedraui has a 12 month low of $5.80 and a 12 month high of $8.15. The firm has a fifty day simple moving average of $7.48 and a 200 day simple moving average of $7.40.

Grupo Comercial Chedraui Company Profile

(Get Free Report)

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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