Becle, S.A.B. de C.V. (OTCMKTS:BCCLF – Get Rating) was the recipient of a large decline in short interest in the month of March. As of March 31st, there was short interest totalling 131,000 shares, a decline of 80.4% from the March 15th total of 666,900 shares. Based on an average daily trading volume, of 25,400 shares, the short-interest ratio is currently 5.2 days.
Separately, JPMorgan Chase & Co. raised shares of Becle from a “neutral” rating to an “overweight” rating in a research note on Monday, February 21st.
Becle stock opened at $2.15 on Thursday. Becle has a 12-month low of $1.86 and a 12-month high of $2.80. The firm’s fifty day moving average price is $2.36 and its 200 day moving average price is $2.36.
Becle, SAB. de C.V. manufactures and distributes spirits and other distilled beverages in Mexico, the United States, Canada, and internationally. The company offers tequila under the 1800, Jose Cuervo Especial, Jose Cuervo Tradicional, Reserva de la Familia, Gran Centenario, and Maestro Dobel brand names; whiskey under the North American Whiskey, Stranahan's, Tincup, Pendleton, Irish Whiskey, Bushmills, and The Sexton brands; rum under the Kraken brand; and vodka under the Three Olives and Hangar 1 brand names.
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