Alfa S.A.B. de C.V. (OTCMKTS:ALFFF) Sees Significant Decline in Short Interest

Alfa S.A.B. de C.V. (OTCMKTS:ALFFF) was the target of a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 1,634,200 shares, a decrease of 23.3% from the March 31st total of 2,131,200 shares. Based on an average daily trading volume, of 3,300 shares, the short-interest ratio is presently 495.2 days.

Alfa Stock Performance

ALFFF remained flat at $0.67 during trading on Friday. The company has a fifty day moving average price of $0.73 and a 200-day moving average price of $0.71. Alfa has a 1-year low of $0.55 and a 1-year 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.