60.26% More Arcos Dorados Holdings Inc Class A Shares (NYSE:ARCO) Shorted Shares

May 16, 2018 - By Daniel Cummings

Arcos Dorados Holdings Inc. (NYSE:ARCO) Corporate Logo

Arcos Dorados Holdings Inc Class A Shares (NYSE:ARCO) had an increase of its short interest by 60.26%. FINRA issued short interest of ARCO’s total 122,600 shares. The 76,500 previous shares are up with 60.26%. 0 days will cost ARCO with 510,800 average volume to recover its previous position. Float short on Arcos Dorados Holdings Inc Class A Shares is 0.09%.

ARCO reached $7.375 during the last trading session after $0.025 change.Arcos Dorados Holdings Inc. has 2.50M shares volume, 258.24% up from normal. ARCO is uptrending and has moved 17.45% since May 16, 2017. The stock outperformed the S&P500 by 5.90%.

Arcos Dorados Holdings Inc. operates as a franchisee of McDonald’s restaurants.The firm is valued at $1.56 billion. It has the exclusive right to own, operate, and grant franchises of McDonald’s restaurants in 20 countries and territories in Latin America and the Caribbean, including Argentina, Aruba, Brazil, Chile, Colombia, Costa Rica, Curaçao, Ecuador, French Guiana, Guadeloupe, Martinique, Mexico, Panama, Peru, Puerto Rico, Trinidad and Tobago, Uruguay, the U.S.The P/E ratio is 17.48. Virgin Islands of St.

For more Arcos Dorados Holdings Inc. (NYSE:ARCO) news announced recently go to: Seekingalpha.com, Businesswire.com, Seekingalpha.com, Seekingalpha.com or Businesswire.com. The titles are as follows: “Wage growth may not hit ‘full economy’ peak” announced on May 10, 2018, “Arcos Dorados Holdings Inc. (NYSE: ARCO) First Quarter 2018 Conference Call” on April 17, 2018, “Arcos Dorados 2018 Q1 – Results – Earnings Call Slides” with a publish date: May 09, 2018, “Calorie count rule goes live” and the last “Arcos Dorados to Participate in Upcoming Equity and Fixed Income Conferences” with publication date: May 14, 2018.

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