Alfa S.A.B. de C.V. (OTCMKTS:ALFFF – Get Free Report) was the recipient of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 2,558,058 shares, a decrease of 37.0% from the May 14th total of 4,060,138 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.
Alfa Price Performance
Shares of OTCMKTS ALFFF opened at $0.85 on Wednesday. Alfa has a 52 week low of $0.74 and a 52 week high of $1.10. The company’s 50-day moving average price is $0.99 and its 200 day moving average price is $0.93.
Alfa Company Profile
Alfa SAB. de C.V., trading on the OTC Market under the ticker ALFFF, is a diversified Mexican industrial conglomerate headquartered in Monterrey, Mexico. Founded in 1974 by the Garza family, the company has evolved into one of Mexico’s largest industrial players through strategic acquisitions and spin-offs.
Alfa’s core operations are organized into four principal business units. Alpek, its petrochemical subsidiary, produces polymers and intermediate chemicals such as polyethylene terephthalate (PET) and polypropylene (PP).
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