Alsea, S.A.B. de C.V. (OTCMKTS:ALSSF) Sees Large Increase in Short Interest

Alsea, S.A.B. de C.V. (OTCMKTS:ALSSF) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totalling 1,179,300 shares, a growth of 52.0% from the December 15th total of 776,100 shares. Based on an average daily volume of 17,100 shares, the days-to-cover ratio is currently 69.0 days.

Alsea Trading Down 3.7 %

Shares of OTCMKTS:ALSSF opened at $2.00 on Wednesday. The firm’s fifty day moving average is $2.25 and its 200-day moving average is $2.67. Alsea has a 52 week low of $2.00 and a 52 week high of $4.95.

About Alsea

Alsea, SAB. de C.V. operates restaurants in Latin America and Europe. It operates fast food, coffee shops, casual food, and family restaurants under the Domino's Pizza, Starbucks, Burger King, Chili's, PF Chang's, Italianni's, The Cheesecake Factory, Vips, The gate, Foster's Hollywood, Archies, Ginos, T.G.I.