Arca Continental, S.A.B. de C.V. (OTCMKTS:EMBVF – Get Free Report) was the target of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 202,221 shares, a decrease of 43.5% from the August 31st total of 357,911 shares. Based on an average daily trading volume, of 37,760 shares, the days-to-cover ratio is presently 5.4 days.
Arca Continental Stock Performance
EMBVF stock remained flat at $10.56 during trading on Wednesday. 827 shares of the company’s stock were exchanged, compared to its average volume of 6,130. Arca Continental has a twelve month low of $9.51 and a twelve month high of $13.10. The stock has a 50 day moving average price of $11.37 and a 200 day moving average price of $11.75.
Arca Continental Company Profile
Arca Continental, SAB. de C.V. is a Mexico-based beverage company and one of the largest Coca-Cola bottlers in the world. The company produces, distributes and sells sparkling soft drinks, water, juices, sports drinks, energy drinks and other nonalcoholic beverages under The Coca-Cola Company’s brands, as well as selected proprietary and third-party brands.
In addition to beverages, Arca Continental operates a snack-food business through brands including Bokados in Mexico, Inalecsa in Ecuador and Wise in the United States.
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