Short Interest in Alfa S.A.B. de C.V. (OTCMKTS:ALFFF) Decreases By 23.3%

Alfa S.A.B. de C.V. (OTCMKTS:ALFFF) was the target of a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 1,634,200 shares, a decrease of 23.3% from the March 31st total of 2,131,200 shares. Based on an average daily trading volume, of 3,300 shares, the short-interest ratio is currently 495.2 days.

Alfa Price Performance

Alfa stock opened at $0.67 on Friday. The firm has a 50 day simple moving average of $0.73 and a 200-day simple moving average of $0.71. Alfa has a 1-year low of $0.55 and a 1-year high of $0.81.

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.