Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHF) Sees Large Decrease in Short Interest

Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHF) was the recipient of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totaling 151,505 shares, a decrease of 83.7% from the March 31st total of 932,028 shares. Based on an average daily volume of 8,088 shares, the short-interest ratio is currently 18.7 days.

Orbia Advance Price Performance

OTCMKTS:MXCHF opened at $1.30 on Friday. Orbia Advance has a 1-year low of $0.62 and a 1-year high of $1.30. The company has a 50-day moving average of $1.17 and a 200 day moving average of $1.03.

Orbia Advance Company Profile

Orbia Advance Corporation, formerly known as Mexichem, is a global materials and solutions provider specializing in polymer-based technologies and infrastructure systems. The company operates five key business platforms: Fluorinated Solutions, Polymer Solutions, Precision Agriculture, Building and Infrastructure, and Data Communications. Its product portfolio includes fluoropolymers and refrigerant gases, PVC resins and compounds, drip-irrigation systems, water and gas piping networks, and fiber-optic microducts for broadband connectivity.

In its Fluorinated Solutions segment, Orbia supplies specialty chemicals such as PTFE, PVDF and FEP resins, along with refrigerants and industrial gases used in automotive, electronics and healthcare applications.