Becle, S.A.B. de C.V. (OTCMKTS:BCCLF) Short Interest Update

Becle, S.A.B. de C.V. (OTCMKTS:BCCLF) saw a significant drop in short interest in February. As of February 13th, there was short interest totaling 3,693,219 shares, a drop of 28.6% from the January 29th total of 5,169,516 shares. Based on an average daily trading volume, of 44,702 shares, the short-interest ratio is currently 82.6 days. Based on an average daily trading volume, of 44,702 shares, the short-interest ratio is currently 82.6 days.

Becle Price Performance

Becle stock opened at $1.07 on Friday. Becle has a fifty-two week low of $0.75 and a fifty-two week high of $1.45. The stock has a 50-day simple moving average of $1.15 and a 200-day simple moving average of $1.16.

Wall Street Analysts Forecast Growth

BCCLF has been the topic of several research analyst reports. Santander raised Becle to an “outperform” rating in a research report on Thursday, December 11th. Barclays reissued an “overweight” rating on shares of Becle in a report on Tuesday, February 10th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.

Becle Company Profile

Becle, SAB. de C.V. (OTCMKTS:BCCLF) is a Mexican beverage company and the world’s leading producer of tequila. Through its principal subsidiary, Tequila Cuervo, the company engages in the distillation, aging, bottling and distribution of a portfolio of tequila and spirits brands. Its flagship products include the internationally recognized José Cuervo line of tequilas, alongside premium and super-premium offerings aimed at both on- and off-trade channels.

Founded on the foundations of the first licensed tequila distillery in Tequila, Jalisco, dating back to the 18th century, Becle has evolved into a multinational group with operations spanning Mexico, the United States and more than 90 countries worldwide.