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

Alfa S.A.B. de C.V. (OTCMKTS:ALFFF) was the target of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 3,146,000 shares, an increase of 136.5% from the March 15th total of 1,330,200 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 31,460.0 days.

Alfa Stock Up 59.2 %

ALFFF stock opened at $0.65 on Tuesday. Alfa has a 12 month low of $0.41 and a 12 month high of $0.85. The firm’s fifty day simple moving average is $0.73 and its 200-day simple moving average is $0.74.

Alfa Company Profile

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.