ALPEK, S.A.B. de C.V. (OTCMKTS:ALPKF) Short Interest Up 25.5% in January

ALPEK, S.A.B. de C.V. (OTCMKTS:ALPKF) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 1,595,700 shares, an increase of 25.5% from the December 31st total of 1,271,200 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

ALPEK Stock Performance

Shares of OTCMKTS ALPKF opened at $0.75 on Monday. ALPEK has a one year low of $0.75 and a one year high of $0.75. The company’s fifty day moving average is $0.75 and its two-hundred day moving average is $0.66.

ALPEK Company Profile

Alpek, SAB. de C.V., together with its subsidiaries, operates as a petrochemical company in Mexico and internationally. It operates in two segments, Polyester, and Plastic and Chemicals. The Polyester segment produces purified terephthalic acid (PTA), an organic compound that is raw material for PET; polyethylene terephthalate (PET), a plastic resin for use in the beverage bottles, food containers, and consumer good packaging applications; recycled PET for new bottles and containers, strapping and packing supplies, and fibers for clothing and carpet; and polyester fibers, such as staple fiber for use in carpets, home furnishings, and garments; and filament for clothing, automotive interiors, and seatbelts, as well as canvases, conveyor belts, hoses, and other industrial application.