Short Interest in Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHF) Drops By 19.0%

Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHF) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 543,952 shares, a decrease of 19.0% from the November 30th total of 671,880 shares. Based on an average trading volume of 641 shares, the short-interest ratio is currently 848.6 days. Based on an average trading volume of 641 shares, the short-interest ratio is currently 848.6 days.

Orbia Advance Stock Performance

Shares of OTCMKTS MXCHF remained flat at $0.85 on Wednesday. The business has a fifty day moving average price of $0.93 and a two-hundred day moving average price of $0.82. Orbia Advance has a 12-month low of $0.62 and a 12-month high of $1.06.

About Orbia Advance

Orbia Advance Corporation, formerly known as Mexichem, is a global materials and solutions provider specializing in polymer-based technologies and infrastructure systems. The company operates five key business platforms: Fluorinated Solutions, Polymer Solutions, Precision Agriculture, Building and Infrastructure, and Data Communications. Its product portfolio includes fluoropolymers and refrigerant gases, PVC resins and compounds, drip-irrigation systems, water and gas piping networks, and fiber-optic microducts for broadband connectivity.

In its Fluorinated Solutions segment, Orbia supplies specialty chemicals such as PTFE, PVDF and FEP resins, along with refrigerants and industrial gases used in automotive, electronics and healthcare applications.