Alsea, S.A.B. de C.V. (OTCMKTS:ALSSF) Short Interest Update

Alsea, S.A.B. de C.V. (OTCMKTS:ALSSF) was the recipient of a large increase in short interest in January. As of January 30th, there was short interest totaling 889,640 shares, an increase of 49.3% from the January 15th total of 595,766 shares. Based on an average daily trading volume, of 614 shares, the days-to-cover ratio is presently 1,448.9 days. Based on an average daily trading volume, of 614 shares, the days-to-cover ratio is presently 1,448.9 days.

Alsea Stock Up 4.9%

Shares of ALSSF stock opened at $3.22 on Friday. Alsea has a 52-week low of $1.89 and a 52-week high of $3.37. The firm’s 50 day moving average price is $2.92 and its two-hundred day moving average price is $2.90.

Analyst Ratings Changes

Separately, Barclays upgraded Alsea to an “overweight” rating in a research report on Tuesday, December 2nd. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, Alsea has an average rating of “Buy”.

About Alsea

Alsea SAB. de C.V., trading over the counter as ALSSF, is a leading operator of quick-service, casual-dining and café concepts across Latin America and Europe. Headquartered in Mexico City, the company holds master franchise and license rights for internationally known brands, overseeing day-to-day operations, supply-chain logistics and marketing for each restaurant concept.

The company’s portfolio includes quick-service staples such as Domino’s Pizza, Burger King and Starbucks, along with casual-dining and coffee shop formats like Vips, El Globo and Pe.Tra bakery cafés.