Could BECLE SAB DE CV ORDINARY SHARES MEXICO (OTCMKTS:BCCLF) Change Direction After More Shorts?

May 17, 2018 - By Mona Holcomb

The stock of BECLE SAB DE CV ORDINARY SHARES MEXICO (OTCMKTS:BCCLF) registered an increase of 2.51% in short interest. BCCLF’s total short interest was 1.28M shares in May as published by FINRA. Its up 2.51% from 1.25 million shares, reported previously. With 18,600 shares average volume, it will take short sellers 69 days to cover their BCCLF’s short positions. The short interest to BECLE SAB DE CV ORDINARY SHARES MEXICO’s float is 0.3%.

The stock increased 3.70% or $0.0577 during the last trading session, reaching $1.6177. About 6,080 shares traded. Becle, S.A.B. de C.V. (OTCMKTS:BCCLF) has 0.00% since May 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Becle, S.A.B. de C.V., together with its subsidiaries, produces, bottles, purchases, sells, imports, exports, intermediates, and distributes alcoholic and non-alcoholic beverages, ready to drink cocktails, and agricultural products in Mexico, the United States, and internationally. The company has market cap of $5.67 billion. It offers tequila under the Jose Cuervo Especial, Jose Cuervo Tradicional, Jose Cuervo Reserva de la Familia, Jose Cuervo Platino, 1800, Centenario, and Maestro Tequilero Dobel brand names; whiskey under the Bushmills Original, Black Bush, Bushmills 10 year Old Single Malt, Bushmills 16 year Old Single Malt, Bushmills 21 year Old Single Malt, and Bushmills Steamship brand names; rum under the Kraken brand name; and vodka under Three Olives, Hangar 1, and Oso Negro brand names. It has a 22.47 P/E ratio. The firm also provides ready to drink cocktails under the Jose Cuervo Authentic Margarita, Jose Cuervo Especial Paloma, Kraken Cola, and Golden Margaritas brand names; and non-alcoholic beverages under the Sangrita Viuda de Sánchez, Boost, or the Jose Cuervo Margarita Mix brand names.

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