Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHF – Get Free Report) saw a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 98,854 shares, a decline of 28.7% from the December 31st total of 138,716 shares. Based on an average daily trading volume, of 28,120 shares, the short-interest ratio is presently 3.5 days. Based on an average daily trading volume, of 28,120 shares, the short-interest ratio is presently 3.5 days.
Orbia Advance Stock Down 6.0%
Shares of MXCHF opened at $1.07 on Friday. Orbia Advance has a 52-week low of $0.62 and a 52-week high of $1.15. The stock has a fifty day simple moving average of $0.93 and a two-hundred day simple moving average of $0.87.
About Orbia Advance
Orbia Advance Corporation, formerly known as Mexichem, is a global materials and solutions provider specializing in polymer-based technologies and infrastructure systems. The company operates five key business platforms: Fluorinated Solutions, Polymer Solutions, Precision Agriculture, Building and Infrastructure, and Data Communications. Its product portfolio includes fluoropolymers and refrigerant gases, PVC resins and compounds, drip-irrigation systems, water and gas piping networks, and fiber-optic microducts for broadband connectivity.
In its Fluorinated Solutions segment, Orbia supplies specialty chemicals such as PTFE, PVDF and FEP resins, along with refrigerants and industrial gases used in automotive, electronics and healthcare applications.
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