ALPEK, S.A.B. de C.V. (OTCMKTS:ALPKF – Get Free Report) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 1,501,064 shares, a decrease of 55.7% from the August 15th total of 3,388,991 shares. Based on an average daily volume of 16,182 shares, the days-to-cover ratio is presently 92.8 days.
ALPEK Stock Performance
ALPKF stock opened at $0.78 on Tuesday. The firm has a 50 day moving average price of $0.75 and a 200-day moving average price of $0.67. ALPEK has a 52-week low of $0.45 and a 52-week high of $0.78.
About ALPEK
ALPEK, SAB. de C.V. is a leading petrochemical company based in Mexico and a key player in the Americas. As a publicly traded subsidiary of Grupo Alfa, ALPEK specializes in the production of chemical intermediates and polymers for a wide range of industrial applications. The company’s integrated portfolio serves customers in sectors such as packaging, textiles, automotive, construction and consumer goods.
ALPEK’s core business activities are organized into two main segments: intermediates and plastics.
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