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 significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 143,859 shares, a drop of 81.7% from the February 26th total of 784,034 shares. Based on an average daily volume of 417 shares, the days-to-cover ratio is currently 345.0 days.

Wall Street Analyst Weigh In

Separately, Barclays raised Alsea to an “overweight” rating in a research note on Tuesday, December 2nd. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy”.

Alsea Stock Performance

Shares of OTCMKTS ALSSF opened at $3.22 on Thursday. The firm has a 50 day moving average price of $3.23 and a two-hundred day moving average price of $2.98. Alsea has a 52-week low of $1.99 and a 52-week high of $3.69.

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.