Short Interest in Alfa S.A.B. de C.V. (OTCMKTS:ALFFF) Expands By 45.8%

Alfa S.A.B. de C.V. (OTCMKTS:ALFFF) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totalling 8,757,000 shares, a growth of 45.8% from the August 31st total of 6,008,200 shares. Based on an average daily volume of 27,500 shares, the short-interest ratio is currently 318.4 days.

Alfa Price Performance

OTCMKTS ALFFF remained flat at $0.68 during trading on Friday. Alfa has a twelve month low of $0.52 and a twelve month high of $0.81. The stock’s fifty day simple moving average is $0.61 and its two-hundred day simple moving average is $0.67.

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.