Short Interest in Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHY) Increases By 21.4%

Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHY) saw a significant increase in short interest in January. As of January 15th, there was short interest totalling 1,700 shares, an increase of 21.4% from the December 31st total of 1,400 shares. Based on an average daily trading volume, of 2,400 shares, the short-interest ratio is currently 0.7 days.

Orbia Advance Price Performance

Shares of MXCHY remained flat at $1.26 during midday trading on Monday. The stock had a trading volume of 171 shares, compared to its average volume of 3,150. The firm has a fifty day simple moving average of $1.58 and a 200-day simple moving average of $1.90. The company has a debt-to-equity ratio of 1.47, a quick ratio of 1.04 and a current ratio of 1.52. Orbia Advance has a twelve month low of $1.26 and a twelve month high of $4.62.

Orbia Advance Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, January 2nd. Investors of record on Monday, December 23rd were issued a dividend of $0.0294 per share. The ex-dividend date was Monday, December 23rd. This is a positive change from Orbia Advance’s previous dividend of $0.00.

About Orbia Advance

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.