Alfa S.A.B. de C.V. (OTCMKTS:ALFFF) Short Interest Update

Alfa S.A.B. de C.V. (OTCMKTS:ALFFF) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 2,131,200 shares, an increase of 7,075.8% from the March 15th total of 29,700 shares. Based on an average daily volume of 123,800 shares, the days-to-cover ratio is presently 17.2 days.

Alfa Stock Performance

ALFFF stock opened at $0.79 on Thursday. The firm’s 50-day moving average price is $0.75 and its two-hundred day moving average price is $0.70. Alfa has a 12-month low of $0.55 and a 12-month high of $0.81.

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.