Alfa S.A.B. de C.V. (OTCMKTS:ALFFF) Short Interest Update

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

Alfa Stock Performance

ALFFF stock remained flat at $0.70 during trading on Friday. Alfa has a 1-year low of $0.52 and a 1-year high of $0.81. The firm’s fifty day moving average is $0.71 and its two-hundred day moving average is $0.67.

About Alfa

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.