Short Interest in Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHF) Drops By 14.3%

Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHF) was the target of a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 1,280,700 shares, a drop of 14.3% from the January 31st total of 1,493,700 shares. Based on an average daily volume of 700 shares, the short-interest ratio is currently 1,829.6 days.

Orbia Advance Stock Performance

Orbia Advance stock opened at $0.65 on Wednesday. Orbia Advance has a 52-week low of $0.64 and a 52-week high of $2.35. The business has a 50-day simple moving average of $0.71 and a two-hundred day simple moving average of $0.88.

Orbia Advance Dividend Announcement

The firm also recently announced a dividend, which was paid on Wednesday, December 18th. Investors of record on Tuesday, December 17th were given a dividend of $0.021 per share. The ex-dividend date of this dividend was Tuesday, December 17th. Orbia Advance’s dividend payout ratio (DPR) is 59.35%.

About Orbia Advance

Orbia Advance Corporation, SAB. de C.V. provides products and solutions for precision agriculture, building and infrastructure, fluorinated, polymer, and connectivity sectors worldwide. The company offers irrigation systems, agricultural and greenhouse projects, digital farming technologies, and related services; and connectivity solutions, including conduits, cable-in conduit, and other HDPE products and solutions.