Becle, S.A.B. de C.V. (OTCMKTS:BCCLF) Short Interest Up 98.8% in April

Becle, S.A.B. de C.V. (OTCMKTS:BCCLFGet Rating) was the target of a large growth in short interest during the month of April. As of April 30th, there was short interest totalling 674,100 shares, a growth of 98.8% from the April 15th total of 339,100 shares. Based on an average daily trading volume, of 37,500 shares, the days-to-cover ratio is currently 18.0 days.

Separately, JPMorgan Chase & Co. raised Becle from a “neutral” rating to an “overweight” rating in a research note on Monday, February 21st.

OTCMKTS:BCCLF opened at $2.21 on Friday. Becle has a 52-week low of $1.86 and a 52-week high of $2.80. The stock has a fifty day simple moving average of $2.30 and a 200-day simple moving average of $2.37.

About Becle (Get Rating)

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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