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 target of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 4,555,200 shares, an increase of 96.8% from the February 28th total of 2,314,500 shares. Based on an average trading volume of 60,600 shares, the days-to-cover ratio is currently 75.2 days.

Becle Stock Up 2.7 %

Shares of OTCMKTS:BCCLF traded up $0.02 during trading on Friday, hitting $0.87. 2,500 shares of the company were exchanged, compared to its average volume of 100,296. The firm’s 50 day moving average price is $0.91 and its 200-day moving average price is $1.19. Becle has a 12-month low of $0.75 and a 12-month high of $2.50.

About Becle

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, including North American whiskey under the Stranahan’s, Tincup, and Pendleton brands, as well as Irish whiskey under the Bushmills, Proper No.