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 large drop in short interest in the month of December. As of December 31st, there was short interest totalling 3,211,700 shares, a drop of 71.1% from the December 15th total of 11,120,700 shares. Based on an average trading volume of 13,400 shares, the short-interest ratio is presently 239.7 days.

Alfa Price Performance

Alfa stock opened at $0.75 on Wednesday. Alfa has a one year low of $0.52 and a one year high of $0.82. The stock’s 50 day moving average price is $0.75 and its 200 day moving average price is $0.69.

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.