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

Alfa S.A.B. de C.V. (OTCMKTS:ALFFF) was the target of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 14,844,200 shares, a growth of 268.5% from the October 15th total of 4,028,400 shares. Based on an average trading volume of 37,600 shares, the days-to-cover ratio is currently 394.8 days.

Alfa Price Performance

Alfa stock opened at $0.70 on Thursday. Alfa has a twelve month low of $0.52 and a twelve month high of $0.81. The stock’s fifty day simple moving average is $0.70 and its 200-day simple moving average is $0.67.

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.