Alsea, S.A.B. de C.V. (OTCMKTS:ALSSF) Short Interest Update

Alsea, S.A.B. de C.V. (OTCMKTS:ALSSF) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 410,073 shares, a growth of 490.1% from the December 15th total of 69,495 shares. Based on an average daily trading volume, of 138 shares, the short-interest ratio is presently 2,971.5 days. Based on an average daily trading volume, of 138 shares, the short-interest ratio is presently 2,971.5 days.

Analyst Ratings Changes

Separately, Barclays raised shares of Alsea to an “overweight” rating in a report on Tuesday, December 2nd. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy”.

Alsea Price Performance

Alsea stock remained flat at $3.00 during mid-day trading on Monday. Alsea has a fifty-two week low of $1.89 and a fifty-two week high of $3.37. The company has a fifty day moving average price of $2.70 and a 200 day moving average price of $2.83.

About Alsea

Alsea SAB. de C.V., trading over the counter as ALSSF, is a leading operator of quick-service, casual-dining and café concepts across Latin America and Europe. Headquartered in Mexico City, the company holds master franchise and license rights for internationally known brands, overseeing day-to-day operations, supply-chain logistics and marketing for each restaurant concept.

The company’s portfolio includes quick-service staples such as Domino’s Pizza, Burger King and Starbucks, along with casual-dining and coffee shop formats like Vips, El Globo and Pe.Tra bakery cafés.