Arca Continental, S.A.B. de C.V. (OTCMKTS:EMBVF) Shares Shorted: Short Interest Up 103.1% in October

Arca Continental, S.A.B. de C.V. (OTCMKTS:EMBVF) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totaling 212,760 shares, a growth of 103.1% from the September 30th total of 104,743 shares. Based on an average daily trading volume, of 12,443 shares, the days-to-cover ratio is presently 17.1 days.

Arca Continental Price Performance

Arca Continental stock remained flat at $11.52 during midday trading on Friday. The company’s stock had a trading volume of 121 shares, compared to its average volume of 6,675. Arca Continental has a 1 year low of $9.51 and a 1 year high of $13.10. The firm’s 50 day moving average is $11.28 and its 200-day moving average is $11.65.

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 Latin America. The company produces, distributes and sells nonalcoholic beverages, including sparkling soft drinks, bottled water, sports drinks, juice products and energy drinks, under The Coca-Cola Company’s brands and its own regional brands.

Arca Continental serves customers across Mexico, the United States, Argentina, Ecuador and Peru. In addition to its beverage operations, the company produces and distributes salty snacks and other food products through businesses such as Bokados in Mexico and Wise in the United States.