Short Interest in Becle, S.A.B. de C.V. (OTCMKTS:BCCLF) Expands By 100.1%

Becle, S.A.B. de C.V. (OTCMKTS:BCCLF) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 2,359,695 shares, a growth of 100.1% from the July 15th total of 1,179,383 shares. Based on an average daily trading volume, of 23,939 shares, the days-to-cover ratio is presently 98.6 days.

Becle Stock Performance

Shares of Becle stock remained flat at $0.88 on Friday. The company has a 50-day moving average of $0.85 and a 200-day moving average of $0.90. Becle has a 52 week low of $0.75 and a 52 week high of $1.45.

Becle Company Profile

Becle, SAB. de C.V. (OTCMKTS:BCCLF) is a Mexican beverage company and the world’s leading producer of tequila. Through its principal subsidiary, Tequila Cuervo, the company engages in the distillation, aging, bottling and distribution of a portfolio of tequila and spirits brands. Its flagship products include the internationally recognized José Cuervo line of tequilas, alongside premium and super-premium offerings aimed at both on- and off-trade channels.

Founded on the foundations of the first licensed tequila distillery in Tequila, Jalisco, dating back to the 18th century, Becle has evolved into a multinational group with operations spanning Mexico, the United States and more than 90 countries worldwide.