Gruma, S.A.B. de C.V. (OTCMKTS:GPAGF – Get Free Report) saw a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 183,700 shares, a decline of 17.9% from the October 31st total of 223,700 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 1,837.0 days.
Gruma Stock Performance
GPAGF remained flat at $16.28 on Monday. Gruma has a 12-month low of $16.00 and a 12-month high of $21.81. The stock’s 50 day simple moving average is $17.01 and its 200 day simple moving average is $18.14.
Gruma Announces Dividend
The business also recently declared a dividend, which was paid on Friday, October 11th. Investors of record on Friday, October 11th were paid a $1.26 dividend. The ex-dividend date of this dividend was Thursday, October 10th. This represents a yield of 0.81%.
Gruma Company Profile
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.
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