Alfa S.A.B. de C.V. (OTCMKTS:ALFFF) Sees Significant Decrease in Short Interest

Alfa S.A.B. de C.V. (OTCMKTS:ALFFF) saw a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 824,400 shares, a decrease of 71.3% from the January 15th total of 2,868,600 shares. Based on an average daily trading volume, of 1,000 shares, the short-interest ratio is currently 824.4 days.

Alfa Stock Performance

ALFFF stock traded down $0.02 during trading on Wednesday, hitting $0.82. The company had a trading volume of 200 shares, compared to its average volume of 986. Alfa has a one year low of $0.52 and a one year high of $0.85. The business has a 50-day moving average of $0.78 and a 200-day moving average of $0.71.

Alfa Company Profile

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.