Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHF) Sees Large Decline in Short Interest

Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHF) saw a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 932,400 shares, a drop of 27.2% from the February 13th total of 1,280,700 shares. Based on an average trading volume of 2,300 shares, the days-to-cover ratio is presently 405.4 days.

Orbia Advance Stock Performance

Orbia Advance stock remained flat at $0.77 during midday trading on Friday. Orbia Advance has a fifty-two week low of $0.64 and a fifty-two week high of $2.35. The business has a fifty day simple moving average of $0.71 and a two-hundred day simple moving average of $0.86.

Orbia Advance Company Profile

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.