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

Alfa S.A.B. de C.V. (OTCMKTS:ALFFFGet Free Report) saw a significant decrease in short interest in May. As of May 31st, there was short interest totalling 174,200 shares, a decrease of 31.1% from the May 15th total of 252,700 shares. Based on an average daily trading volume, of 300 shares, the short-interest ratio is currently 580.7 days.

Alfa Stock Performance

Shares of OTCMKTS ALFFF remained flat at $0.69 during trading on Friday. The business has a fifty day moving average of $0.71 and a 200 day moving average of $0.74. Alfa has a fifty-two week low of $0.55 and a fifty-two week high of $0.81.

About Alfa

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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.

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