Alsea, S.A.B. de C.V. (OTCMKTS:ALSSF) Short Interest Down 56.5% in March

Alsea, S.A.B. de C.V. (OTCMKTS:ALSSF – Get Rating) saw a large drop in short interest during the month of March. As of March 31st, there was short interest totalling 211,500 shares, a drop of 56.5% from the March 15th total of 486,700 shares. Based on an average daily volume of 8,000 shares, the short-interest ratio is currently 26.4 days.

Shares of ALSSF stock opened at $2.40 on Thursday. The business’s 50 day moving average is $2.30 and its two-hundred day moving average is $2.11. Alsea has a twelve month low of $1.50 and a twelve month high of $2.50.

Separately, UBS Group upgraded shares of Alsea from a “market perform” rating to an “outperform” rating in a research note on Friday, December 17th.

Alsea Company Profile (Get Rating)

Alsea, SAB. de C.V. operates restaurants in Latin America and Europe. It operates fast food, cafeteria, casual food, casual fast food, and family restaurants under the Domino's Pizza, Starbucks, Burger King, Chili's, PF Chang's, Italianni's, The Cheesecake Factory, Vips, Vips Smart, El Portón, Archies, Foster's Hollywood, Ginos, TGI Fridays, Ole Mole, and Corazón de Barro brands.

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