Short Interest in Alfa S.A.B. de C.V. (OTCMKTS:ALFFF) Rises By 79.6%

Alfa S.A.B. de C.V. (OTCMKTS:ALFFFGet Free Report) was the target of a significant growth in short interest in February. As of February 15th, there was short interest totalling 1,480,600 shares, a growth of 79.6% from the January 31st total of 824,400 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 14,806.0 days.

Alfa Price Performance

OTCMKTS ALFFF opened at $0.82 on Friday. The company has a fifty day simple moving average of $0.79 and a 200 day simple moving average of $0.73. Alfa has a 1 year low of $0.52 and a 1 year high of $0.85.

Alfa Company Profile

(Get Free Report)

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.

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