ALPEK, S.A.B. de C.V. (OTCMKTS:ALPKF) Short Interest Update

ALPEK, S.A.B. de C.V. (OTCMKTS:ALPKF) was the target of a large drop in short interest in November. As of November 15th, there was short interest totalling 1,320,000 shares, a drop of 19.3% from the October 31st total of 1,636,500 shares. Based on an average daily volume of 700 shares, the days-to-cover ratio is presently 1,885.7 days.

ALPEK Stock Performance

Shares of OTCMKTS ALPKF opened at $0.75 on Monday. ALPEK has a twelve month low of $0.75 and a twelve month high of $0.75. The company has a 50 day moving average of $0.65 and a 200 day moving average of $0.62.

About ALPEK

Alpek, SAB. de C.V., together with its subsidiaries, operates as a petrochemical company in Mexico and internationally. It operates in two segments, Polyester, and Plastic and Chemicals. The Polyester segment produces purified terephthalic acid (PTA), an organic compound that is raw material for PET; polyethylene terephthalate (PET), a plastic resin for use in the beverage bottles, food containers, and consumer good packaging applications; recycled PET for new bottles and containers, strapping and packing supplies, and fibers for clothing and carpet; and polyester fibers, such as staple fiber for use in carpets, home furnishings, and garments; and filament for clothing, automotive interiors, and seatbelts, as well as canvases, conveyor belts, hoses, and other industrial application.