Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHY) Sees Significant Increase in Short Interest

Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHY) saw a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 15,000 shares, a growth of 206.1% from the February 28th total of 4,900 shares. Based on an average daily trading volume, of 3,300 shares, the short-interest ratio is presently 4.5 days. Currently, 0.0% of the company’s stock are sold short.

Orbia Advance Stock Performance

Shares of OTCMKTS:MXCHY opened at $1.45 on Friday. Orbia Advance has a 12-month low of $1.18 and a 12-month high of $4.62. The stock has a fifty day simple moving average of $1.41 and a two-hundred day simple moving average of $1.66. The company has a current ratio of 1.52, a quick ratio of 1.04 and a debt-to-equity ratio of 1.47.

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.