Alfa S.A.B. de C.V. (OTCMKTS:ALFFF) Short Interest Update

Alfa S.A.B. de C.V. (OTCMKTS:ALFFF) was the target of a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 6,603,100 shares, a drop of 55.5% from the October 31st total of 14,844,200 shares. Based on an average trading volume of 303,800 shares, the days-to-cover ratio is presently 21.7 days.

Alfa Stock Performance

Shares of ALFFF stock opened at $0.70 on Thursday. Alfa has a fifty-two week low of $0.52 and a fifty-two week high of $0.81. The stock has a 50 day moving average price of $0.71 and a two-hundred day moving average price of $0.67.

About Alfa

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