Short Interest in Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHY) Expands By 21.4%

Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHY) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 1,700 shares, a growth of 21.4% from the December 31st total of 1,400 shares. Based on an average trading volume of 2,400 shares, the short-interest ratio is presently 0.7 days.

Orbia Advance Price Performance

MXCHY stock remained flat at $1.26 during trading on Monday. The company had a trading volume of 171 shares, compared to its average volume of 3,150. The firm’s fifty day moving average is $1.58 and its two-hundred day moving average is $1.90. The company has a debt-to-equity ratio of 1.47, a current ratio of 1.52 and a quick ratio of 1.04. Orbia Advance has a twelve month low of $1.26 and a twelve month high of $4.62.

Orbia Advance Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, January 2nd. Stockholders of record on Monday, December 23rd were given a dividend of $0.0294 per share. This is a boost from Orbia Advance’s previous dividend of $0.00. The ex-dividend date was Monday, December 23rd.

About Orbia Advance

Orbia Advance Corporation, SAB. de C.V. provides products and solutions for precision agriculture, building and infrastructure, fluorinated, polymer, and connectivity sectors worldwide. The company offers irrigation systems, agricultural and greenhouse projects, digital farming technologies, and related services; and connectivity solutions, including conduits, cable-in conduit, and other HDPE products and solutions.