ALPEK, S.A.B. de C.V. (OTCMKTS:ALPKF – Get Free Report) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 1,501,064 shares, a decline of 55.7% from the August 15th total of 3,388,991 shares. Based on an average trading volume of 16,182 shares, the short-interest ratio is currently 92.8 days.
ALPEK Price Performance
Shares of OTCMKTS:ALPKF opened at $0.78 on Wednesday. The stock’s 50-day moving average is $0.75 and its 200-day moving average is $0.68. ALPEK has a 52-week low of $0.45 and a 52-week high of $0.78.
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.
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