Arca Continental, S.A.B. de C.V. (OTCMKTS:EMBVF) Shares Shorted: Short Interest Up 103.1% in October

Arca Continental, S.A.B. de C.V. (OTCMKTS:EMBVF) was the target of a large increase in short interest in October. As of October 15th, there was short interest totaling 212,760 shares, an increase of 103.1% from the September 30th total of 104,743 shares. Based on an average daily volume of 12,443 shares, the days-to-cover ratio is presently 17.1 days.

Arca Continental Price Performance

Shares of EMBVF remained flat at $11.52 during midday trading on Friday. 121 shares of the company’s stock traded hands, compared to its average volume of 6,675. The firm has a 50 day simple moving average of $11.28 and a 200 day simple moving average of $11.65. Arca Continental has a twelve month low of $9.51 and a twelve month high of $13.10.

About Arca Continental

Arca Continental, SAB. de C.V. is one of the largest Coca-Cola bottlers in the world. The company produces, distributes and markets a broad portfolio of nonalcoholic beverages, including Coca-Cola trademark drinks, sparkling beverages, bottled water, sports drinks, juices and energy drinks. It also sells snacks and other food products through businesses such as Bokados.

Arca Continental serves customers across Mexico, the United States, Ecuador, Peru and Argentina. In the United States, its Coca-Cola Southwest Beverages business supplies beverages to much of Texas, as well as parts of New Mexico, Oklahoma and Arkansas.