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

Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHY) was the recipient of a significant growth in short interest in February. As of February 28th, there was short interest totalling 4,900 shares, a growth of 133.3% from the February 13th total of 2,100 shares. Based on an average daily volume of 6,400 shares, the short-interest ratio is currently 0.8 days. Approximately 0.0% of the shares of the company are sold short.

Orbia Advance Stock Up 2.2 %

OTCMKTS MXCHY opened at $1.49 on Friday. Orbia Advance has a 52-week low of $1.18 and a 52-week high of $4.62. The firm has a 50-day moving average price of $1.38 and a 200 day moving average price of $1.69. 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 Company Profile

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.