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

Alfa S.A.B. de C.V. (OTCMKTS:ALFFF) was the recipient of a significant decline in short interest in January. As of January 31st, there was short interest totalling 824,400 shares, a decline of 71.3% from the January 15th total of 2,868,600 shares. Based on an average trading volume of 1,000 shares, the days-to-cover ratio is currently 824.4 days.

Alfa Stock Down 2.6 %

Shares of Alfa stock traded down $0.02 during trading hours on Wednesday, reaching $0.82. The company’s stock had a trading volume of 200 shares, compared to its average volume of 986. The stock’s fifty day simple moving average is $0.78 and its two-hundred day simple moving average is $0.71. Alfa has a one year low of $0.52 and a one year 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.