Short Interest in ALPEK, S.A.B. de C.V. (OTCMKTS:ALPKF) Decreases By 25.4%

ALPEK, S.A.B. de C.V. (OTCMKTS:ALPKF) was the target of a large decrease in short interest in July. As of July 31st, there was short interest totaling 5,767,100 shares, adecreaseof25.4% from the July 15th total of 7,728,000 shares. Based on an average trading volume of 200 shares, the short-interest ratio is currently 28,835.5 days. Based on an average trading volume of 200 shares, the short-interest ratio is currently 28,835.5 days.

ALPEK Stock Performance

Shares of ALPEK stock opened at $0.5270 on Thursday. The company has a 50 day moving average of $0.55 and a 200 day moving average of $0.60. ALPEK has a 52-week low of $0.51 and a 52-week high of $0.75.

About ALPEK

Alpek, SAB. de C.V., together with its subsidiaries, operates as a petrochemical company in Mexico and internationally. It operates in two segments, Polyester, and Plastic and Chemicals. The Polyester segment produces purified terephthalic acid (PTA), an organic compound that is raw material for PET; polyethylene terephthalate (PET), a plastic resin for use in the beverage bottles, food containers, and consumer good packaging applications; recycled PET for new bottles and containers, strapping and packing supplies, and fibers for clothing and carpet; and polyester fibers, such as staple fiber for use in carpets, home furnishings, and garments; and filament for clothing, automotive interiors, and seatbelts, as well as canvases, conveyor belts, hoses, and other industrial application.