Arca Continental, S.A.B. de C.V. (OTCMKTS:EMBVF – Get Free Report) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 1,517,972 shares, a growth of 41.5% from the December 31st total of 1,072,593 shares. Based on an average daily volume of 2,103 shares, the short-interest ratio is presently 721.8 days. Based on an average daily volume of 2,103 shares, the short-interest ratio is presently 721.8 days.
Arca Continental Price Performance
Shares of Arca Continental stock opened at $11.37 on Friday. The business has a 50-day moving average price of $10.75 and a 200 day moving average price of $10.39. Arca Continental has a fifty-two week low of $8.90 and a fifty-two week high of $11.76.
About Arca Continental
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.
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