Arca Continental, S.A.B. de C.V. (OTCMKTS:EMBVF – Get Free Report) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 357,911 shares, a decrease 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 Price Performance
EMBVF stock traded down $0.19 during mid-day trading on Friday, hitting $11.34. The stock had a trading volume of 120,443 shares, compared to its average volume of 5,834. The firm has a fifty day simple moving average of $11.41 and a 200 day simple moving average of $11.78. Arca Continental has a 52 week low of $9.51 and a 52 week 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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