Could ARCA CONTINEINTAL SA (OTCMKTS:EMBVF) Change Direction After Less Shorts?

June 20, 2017 - By Marguerite Chambers

The stock of ARCA CONTINEINTAL SA (OTCMKTS:EMBVF) registered a decrease of 13.57% in short interest. EMBVF’s total short interest was 397,500 shares in June as published by FINRA. Its down 13.57% from 459,900 shares, reported previously. With 3,300 shares average volume, it will take short sellers 121 days to cover their EMBVF’s short positions.

It closed at $7.43 lastly. It is down 0.00% since June 20, 2016 and is . It has underperformed by 16.70% the S&P500.

Arca Continental SAB de CV is a Mexico firm primarily engaged in the beverages sector. The company has market cap of $13.11 billion. The Company’s activities are divided into two business divisions: Beverages and Other. It currently has negative earnings. The Beverages division produces, distributes and sells non-alcoholic beverages under The Coca-Cola Company license in Mexico, Argentina, Ecuador and Peru, as well as dairy beverages of the Santa Clara brand name in Mexico and Toni brand name in Ecuador.

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