Alfa S.A.B. de C.V. (OTCMKTS:ALFFF) Short Interest Up 47.9% in February

Alfa S.A.B. de C.V. (OTCMKTS:ALFFF) was the recipient of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 5,209,450 shares, a growth of 47.9% from the January 29th total of 3,522,817 shares. Based on an average daily trading volume, of 152,736 shares, the short-interest ratio is presently 34.1 days. Based on an average daily trading volume, of 152,736 shares, the short-interest ratio is presently 34.1 days.

Alfa Stock Performance

Alfa stock opened at $0.86 on Monday. The firm has a 50-day moving average of $0.92 and a 200-day moving average of $0.83. Alfa has a one year low of $0.41 and a one year high of $1.09.

About Alfa

Alfa SAB. de C.V., trading on the OTC Market under the ticker ALFFF, is a diversified Mexican industrial conglomerate headquartered in Monterrey, Mexico. Founded in 1974 by the Garza family, the company has evolved into one of Mexico’s largest industrial players through strategic acquisitions and spin-offs.

Alfa’s core operations are organized into four principal business units. Alpek, its petrochemical subsidiary, produces polymers and intermediate chemicals such as polyethylene terephthalate (PET) and polypropylene (PP).