Short Interest in Alfa S.A.B. de C.V. (OTCMKTS:ALFFF) Drops By 71.3%

Alfa S.A.B. de C.V. (OTCMKTS:ALFFF) was the target of a significant decrease in short interest during 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 volume of 1,000 shares, the days-to-cover ratio is presently 824.4 days.

Alfa Price Performance

ALFFF opened at $0.82 on Friday. Alfa has a 12 month low of $0.52 and a 12 month high of $0.85. The company 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.