Dec
28
The short interest in Grupo Financiero Galicia S.A. (NASDAQ:GGAL) has declined from 2,881,613 on November 30,2015 to 2,609,885 on December 15,2015. The change was measured at 271,728 shares or 9.4%. The leftover shorts were 2.6% of the floated shares. The days to cover are 7, given the average daily volume of 378,772 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on December 24th.
Grupo Financiero Galicia S.A. (NASDAQ:GGAL) witnessed a decline in the market cap on Thursday as its shares dropped 1.08% or 0.28 points. After the session commenced at $25.88, the stock reached the higher end at $26.25 while it hit a low of $25.65. With the volume soaring to 102,778 shares, the last trade was called at $25.65. The company has a 52-week high of $29.25. The company has a market cap of $3,335 million and there are 130,026,459 shares in outstanding. The 52-week low of the share price is $14.99.
Shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL) rose by 5.08% in the past week and 4.18% for the last 4 weeks. In the past week, the shares has outperformed the SP 500 by 2.25% and the outperformance increases to 5.66% for the last 4 weeks.
The company shares have rallied 59.81% from its 1 Year high price. On Nov 23, 2015, the shares registered one year high at $29.25 and the one year low was seen on Jan 6, 2015. The 50-Day Moving Average price is $25.45 and the 200 Day Moving Average price is recorded at $21.38.
Grupo Financiero Galicia S.A. (Grupo Financiero Galicia) is a financial services holding company. Banco de Galicia y Buenos Aires S.A. (Banco Galicia) is the Companys largest subsidiary. Banco Galicia is a bank that provides, directly or through its subsidiaries, a range of financial products and services to large corporations, small and medium sized companies (SMEs), and individuals. Through the operating subsidiaries of Tarjetas Regionales S.A., a holding company wholly owned by the Bank, the Company provides brand credit cards and consumer finance services throughout Argentina. Through Sudamericana Holding S.A. and its subsidiaries (Sudamericana) it provides insurance products in Argentina. It provides financial services through a distribution platform amongst private-sector financial institutions in Argentina. On April 15, 2014, Banco de Galicia y Buenos Aires SA sold a 95% stake in Galicia Administradora de Fondos to Grupo Financiero Galicia.
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