Alsea, S.A.B. de C.V. (OTCMKTS:ALSSF – Get Free Report) was the recipient of a significant decline in short interest in June. As of June 30th, there was short interest totaling 1,059,772 shares, a decline of 37.3% from the June 15th total of 1,689,279 shares. Based on an average daily volume of 221 shares, the days-to-cover ratio is presently 4,795.3 days.
Alsea Trading Down 2.9%
Shares of Alsea stock opened at $2.37 on Friday. The stock has a 50-day simple moving average of $2.77 and a 200-day simple moving average of $3.01. Alsea has a 52-week low of $2.37 and a 52-week high of $3.69.
Alsea Company Profile
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.
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