Becle, S.A.B. de C.V. (OTCMKTS:BCCLF) Sees Significant Increase in Short Interest

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

Becle Price Performance

OTCMKTS:BCCLF opened at $0.88 on Monday. Becle has a 52 week low of $0.75 and a 52 week high of $1.45. The firm’s fifty day moving average is $0.85 and its 200-day moving average is $0.90.

About Becle

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.