Short Interest in Alfa S.A.B. de C.V. (OTCMKTS:ALFFF) Increases By 79.6%

Alfa S.A.B. de C.V. (OTCMKTS:ALFFF) was the recipient of a significant increase in short interest in February. As of February 15th, there was short interest totalling 1,480,600 shares, an increase of 79.6% from the January 31st total of 824,400 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 14,806.0 days.

Alfa Price Performance

Shares of ALFFF stock opened at $0.82 on Friday. The firm has a fifty day moving average of $0.79 and a 200-day moving average of $0.73. Alfa has a 12-month low of $0.52 and a 12-month high of $0.85.

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.