Grupo Comercial Chedraui, S.A.B. de C.V. (OTCMKTS:GCHEF) Short Interest Up 496.3% in October

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

Grupo Comercial Chedraui Stock Performance

Shares of GCHEF remained flat at $6.75 during mid-day trading on Friday. Grupo Comercial Chedraui has a one year low of $5.80 and a one year high of $8.15. The stock has a 50-day simple moving average of $7.48 and a two-hundred day simple moving average of $7.39.

Grupo Comercial Chedraui Company Profile

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.