Arca Continental, S.A.B. de C.V. (OTCMKTS:EMBVF – Get Free Report) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 357,911 shares, a decline of 75.9% from the August 15th total of 1,487,525 shares. Based on an average daily volume of 1,853 shares, the days-to-cover ratio is presently 193.2 days.
Arca Continental Stock Down 1.6%
Shares of OTCMKTS EMBVF traded down $0.19 during mid-day trading on Friday, hitting $11.34. 120,443 shares of the company’s stock traded hands, compared to its average volume of 5,834. The company’s 50-day moving average is $11.41 and its two-hundred day moving average is $11.78. Arca Continental has a 1 year low of $9.51 and a 1 year high of $13.10.
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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