Alfa S.A.B. de C.V. (OTCMKTS:ALFFF) Sees Large Drop in Short Interest

Alfa S.A.B. de C.V. (OTCMKTS:ALFFF) was the recipient of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 29,700 shares, a decrease of 61.8% from the February 29th total of 77,800 shares. Based on an average daily volume of 170,000 shares, the short-interest ratio is presently 0.2 days.

Alfa Price Performance

ALFFF stock opened at $0.73 on Thursday. Alfa has a fifty-two week low of $0.55 and a fifty-two week high of $0.81. The business has a 50-day moving average of $0.76 and a 200-day moving average of $0.68.

About Alfa

Alfa SAB. de C.V., together with its subsidiaries, engages in the petrochemical and synthetic fiber, refrigerated food, and telecommunications businesses in Mexico. It manufactures petrochemical and synthetic fiber products, including purified terephtalic acid, polyethylene terephthalate (PET), recycled PET, fibers, polypropylene, expandable polystyrene, chemical specialties, and industrial chemicals.