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

Alfa S.A.B. de C.V. (OTCMKTS:ALFFF) saw a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 11,120,700 shares, a decrease of 11.1% from the November 30th total of 12,515,100 shares. Based on an average daily trading volume, of 45,100 shares, the short-interest ratio is currently 246.6 days.

Alfa Stock Performance

OTCMKTS ALFFF opened at $0.78 on Tuesday. The stock has a 50 day moving average price of $0.74 and a 200-day moving average price of $0.68. Alfa has a one year low of $0.52 and a one year high of $0.82.

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.