Short Interest in Alfa S.A.B. de C.V. (OTCMKTS:ALFFF) Declines By 55.5%

Alfa S.A.B. de C.V. (OTCMKTS:ALFFF) was the target of a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 6,603,100 shares, a decline of 55.5% from the October 31st total of 14,844,200 shares. Based on an average trading volume of 303,800 shares, the days-to-cover ratio is presently 21.7 days.

Alfa Price Performance

OTCMKTS ALFFF remained flat at $0.70 during trading hours on Friday. Alfa has a 1 year low of $0.52 and a 1 year high of $0.81. The company has a 50 day moving average price of $0.71 and a 200-day moving average price of $0.67.

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.