Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHY) Short Interest Down 77.4% in February

Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHY) was the recipient of a significant decrease in short interest during the month of February. As of February 15th, there was short interest totalling 2,100 shares, a decrease of 77.4% from the January 31st total of 9,300 shares. Based on an average daily trading volume, of 4,300 shares, the days-to-cover ratio is presently 0.5 days.

Orbia Advance Price Performance

Shares of MXCHY remained flat at $1.32 during mid-day trading on Friday. The stock’s 50-day moving average price is $1.43 and its 200 day moving average price is $1.75. The company has a current ratio of 1.52, a quick ratio of 1.04 and a debt-to-equity ratio of 1.47. Orbia Advance has a 52-week low of $1.18 and a 52-week high of $4.62.

Orbia Advance Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, January 2nd. Shareholders of record on Monday, December 23rd were given a dividend of $0.0294 per share. The ex-dividend date was Monday, December 23rd. This is an increase 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.