Arca Continental, S.A.B. de C.V. (OTCMKTS:EMBVF – Get Free Report) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 1,072,593 shares, a growth of 24.4% from the December 15th total of 862,520 shares. Based on an average daily volume of 3,063 shares, the short-interest ratio is presently 350.2 days. Based on an average daily volume of 3,063 shares, the short-interest ratio is presently 350.2 days.
Arca Continental Stock Performance
EMBVF opened at $11.27 on Friday. Arca Continental has a fifty-two week low of $8.56 and a fifty-two week high of $11.30. The firm has a 50-day moving average of $10.50 and a 200 day moving average of $10.31.
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.
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