Arca Continental, S.A.B. de C.V. (OTCMKTS:EMBVF) Short Interest Update

Arca Continental, S.A.B. de C.V. (OTCMKTS:EMBVF) was the recipient of a large increase in short interest in January. As of January 30th, there was short interest totaling 1,942,167 shares, an increase of 27.9% from the January 15th total of 1,517,972 shares. Based on an average daily volume of 7,656 shares, the short-interest ratio is currently 253.7 days. Based on an average daily volume of 7,656 shares, the short-interest ratio is currently 253.7 days.

Arca Continental Stock Up 1.7%

Shares of EMBVF stock opened at $12.15 on Tuesday. Arca Continental has a 52-week low of $9.35 and a 52-week high of $12.22. The firm’s 50-day moving average is $11.16 and its 200-day moving average is $10.50.

Analyst Upgrades and Downgrades

Separately, Bradesco Corretora raised shares of Arca Continental to an “outperform” rating in a research report on Wednesday, February 11th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy”.

Arca Continental Company Profile

Arca Continental, established in 2001 through the merger of three Mexican Coca-Cola bottlers, is one of the world’s largest franchise bottlers affiliated with The Coca-Cola Company. Headquartered in Monterrey, Mexico, the company ranks among the top three Coca-Cola bottlers globally by volume and is publicly listed on the Mexican Stock Exchange, trading over-the-counter in the United States under the symbol EMBVF.

The company’s core operations encompass the production, bottling and distribution of a broad portfolio of ready-to-drink beverages.