November 23, 2016 - By Peter Erickson · 0 Comments
The stock of ARCA CONTINEINTAL SA (OTCMKTS:EMBVF) registered an increase of 258.16% in short interest. EMBVF’s total short interest was 1.36 million shares in November as published by FINRA. Its up 258.16% from 380,300 shares, reported previously. With 100 shares average volume, it will take short sellers 13621 days to cover their EMBVF’s short positions. The stock closed at $5 during the last session. It is down 24.32% since April 21, 2016 and is downtrending. It has underperformed by 29.65% the S&P500.
Arca Continental, S.A.B. de C.V., through its subsidiaries is engaged in the manufacturing, distribution and sale of soft drinks of brands owned or licensed by The Coca-Cola Company . The company has a market cap of $8.38 billion. The Firm produces, distributes and sells non-alcoholic beverages under The Coca-Cola Company brand, as well as snacks under the brands of Bokados in Mexico, Inalecsa in Ecuador and Wise in the United States. It currently has negative earnings. The Company’s divisions include Beverages, which includes carbonated and non-carbonated beverages, dairy beverages, and water in the individual format, and Other segment, which includes businesses, such as jug water (Mexico) and snacks (Mexico, Ecuador and the United states).
More notable recent Arca Continental SAB de CV – ADR (OTCMKTS:EMBVF) news were published by: Marketwatch.com which released: “Coca-Cola unit wins approval for Mexico dairy deal” on July 11, 2012, also Marketwatch.com with their article: “Coca-Cola Femsa paying premium to add Yoli brand” published on January 18, 2013, Marketwatch.com published: “Mexico’s Coca-Cola Femsa buys Tampico beverage arm” on June 29, 2011. More interesting news about Arca Continental SAB de CV – ADR (OTCMKTS:EMBVF) were released by: Marketwatch.com and their article: “Could Zika virus make airline stocks a good buy?” published on January 28, 2016 as well as Reuters.com‘s news article titled: “Moody’s lowers credit rating outlook for Arca Continental SAB de CV” with publication date: April 04, 2016.
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By Peter Erickson