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

Alfa S.A.B. de C.V. (OTCMKTS:ALFFFGet Free Report) was the recipient of a significant drop in short interest in September. As of September 30th, there was short interest totalling 6,055,000 shares, a drop of 30.9% from the September 15th total of 8,757,000 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 60,550.0 days.

Alfa Stock Performance

OTCMKTS ALFFF opened at $0.80 on Friday. The business’s fifty day simple moving average is $0.63 and its 200-day simple moving average is $0.67. Alfa has a 52 week low of $0.52 and a 52 week high of $0.81.

About Alfa

(Get Free Report)

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.

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