Short Interest in ALPEK, S.A.B. de C.V. (OTCMKTS:ALPKF) Decreases By 22.8%

ALPEK, S.A.B. de C.V. (OTCMKTS:ALPKF) was the target of a large decrease in short interest during the month of January. As of January 30th, there was short interest totaling 638,953 shares, a decrease of 22.8% from the January 15th total of 827,391 shares. Based on an average daily volume of 134,086 shares, the short-interest ratio is currently 4.8 days. Based on an average daily volume of 134,086 shares, the short-interest ratio is currently 4.8 days.

ALPEK Price Performance

Shares of OTCMKTS:ALPKF opened at $0.51 on Friday. ALPEK has a 12-month low of $0.49 and a 12-month high of $0.75. The business has a 50-day moving average price of $0.53 and a 200 day moving average price of $0.53.

ALPEK Company Profile

ALPEK, SAB. de C.V. is a leading petrochemical company based in Mexico and a key player in the Americas. As a publicly traded subsidiary of Grupo Alfa, ALPEK specializes in the production of chemical intermediates and polymers for a wide range of industrial applications. The company’s integrated portfolio serves customers in sectors such as packaging, textiles, automotive, construction and consumer goods.

ALPEK’s core business activities are organized into two main segments: intermediates and plastics.