Gruma, S.A.B. de C.V. (OTCMKTS:GPAGF) Short Interest Up 34.6% in January

Gruma, S.A.B. de C.V. (OTCMKTS:GPAGF) was the target of a significant increase in short interest in January. As of January 31st, there was short interest totalling 348,800 shares, an increase of 34.6% from the January 15th total of 259,200 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 3,488.0 days.

Gruma Price Performance

Shares of GPAGF remained flat at $16.20 during midday trading on Friday. The stock’s 50-day moving average price is $16.27 and its 200-day moving average price is $17.03. Gruma has a 52-week low of $14.16 and a 52-week high of $21.81.

Gruma Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, January 10th were given a dividend of $1.26 per share. This represents a yield of 1.2%. The ex-dividend date of this dividend was Thursday, January 9th.

About Gruma

Gruma, SAB. de C.V., together with its subsidiaries, produces and sells corn flour, tortillas, and other related products. The company offers corn flour, snacks and/or cereal, beer grits, and polenta; prepared corn or wheat flours for pancakes, cakes, crêpes, brownies, churros, pizza dough, cachapas, sweet arepitas, etc.; corn and wheat tortillas; tortilla chips, taco shells, and tostadas; flatbreads, including wraps, pita bread, naan, chapatti, pizza doughs, piadina, breakfast breads, and crackers; sauces/dips; palmito; pasta; marinades; and rice and oats.