Arca Continental, S.A.B. de C.V. (OTCMKTS:EMBVF) Sees Large Drop in Short Interest

Arca Continental, S.A.B. de C.V. (OTCMKTS:EMBVF) was the target of a large decrease in short interest in May. As of May 31st, there was short interest totalling 746,300 shares, a decrease of 10.0% from the May 15th total of 828,900 shares. Based on an average trading volume of 12,300 shares, the days-to-cover ratio is presently 60.7 days.

Arca Continental Price Performance

Shares of Arca Continental stock remained flat at $9.58 on Monday. Arca Continental has a 52-week low of $8.27 and a 52-week high of $11.81. The business has a 50-day moving average price of $9.96 and a 200-day moving average price of $10.55.

Arca Continental Company Profile

Arca Continental, SAB. de C.V., together with its subsidiaries, produces, distributes, and sells non-alcoholic beverages in Mexico, Peru, the United States, Argentina, and Ecuador. It operates through Beverages and Other segments. The company's products include soft drinks, milk whole/light/flavored, fruit/soy, and energy/sports drinks; water; tea; sugar/candies; coffee; ice cream snow/cones; yogurt/cream cheese; potato, plantain, and tortilla chips; corn puffs, popcorn, pork rinds, peanuts/seeds, sauces/dips, and baked goods; and other carbonated and non-carbonated, and dairy beverages.