Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHY) Sees Significant Decline in Short Interest

Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHY) was the recipient of a significant decrease in short interest during the month of February. As of February 15th, there was short interest totalling 2,100 shares, a decrease of 77.4% from the January 31st total of 9,300 shares. Based on an average daily volume of 4,300 shares, the short-interest ratio is currently 0.5 days.

Orbia Advance Stock Performance

Shares of MXCHY opened at $1.32 on Friday. Orbia Advance has a one year low of $1.18 and a one year high of $4.62. The company has a debt-to-equity ratio of 1.47, a current ratio of 1.52 and a quick ratio of 1.04. The stock has a 50-day moving average price of $1.44 and a 200 day moving average price of $1.76.

Orbia Advance Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, January 2nd. Investors of record on Monday, December 23rd were paid a $0.0294 dividend. The ex-dividend date was Monday, December 23rd. This is a positive change from Orbia Advance’s previous dividend of $0.00.

About Orbia Advance

Orbia Advance Corporation, SAB. de C.V. provides products and solutions for precision agriculture, building and infrastructure, fluorinated, polymer, and connectivity sectors worldwide. The company offers irrigation systems, agricultural and greenhouse projects, digital farming technologies, and related services; and connectivity solutions, including conduits, cable-in conduit, and other HDPE products and solutions.