Alsea, S.A.B. de C.V. (OTCMKTS:ALSSF) Short Interest Down 81.7% in March

Alsea, S.A.B. de C.V. (OTCMKTS:ALSSF) saw a large decrease in short interest in March. As of March 13th, there was short interest totaling 143,859 shares, a decrease of 81.7% from the February 26th total of 784,034 shares. Based on an average daily volume of 417 shares, the short-interest ratio is presently 345.0 days. Based on an average daily volume of 417 shares, the short-interest ratio is presently 345.0 days.

Alsea Stock Down 1.5%

ALSSF traded down $0.05 on Tuesday, reaching $3.25. The company had a trading volume of 1,300 shares, compared to its average volume of 3,446. Alsea has a fifty-two week low of $1.99 and a fifty-two week high of $3.69. The company’s fifty day moving average is $3.22 and its 200 day moving average is $2.98.

Analyst Upgrades and Downgrades

Separately, Barclays upgraded shares of Alsea to an “overweight” rating in a research note on Tuesday, December 2nd. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy”.

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.