Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHF – Get Free Report) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 210,762 shares, a decrease of 76.6% from the August 31st total of 900,709 shares. Based on an average daily trading volume, of 3,400 shares, the days-to-cover ratio is presently 62.0 days.
Orbia Advance Stock Performance
Shares of OTCMKTS MXCHF remained flat at $1.25 on Friday. Orbia Advance has a 12 month low of $0.74 and a 12 month high of $1.40. The company has a fifty day moving average of $1.30 and a two-hundred day moving average of $1.28.
About Orbia Advance
Orbia Advance Corporation, SAB. de C.V., formerly known as Mexichem, is a Mexico-based company that develops and manufactures products and solutions for infrastructure, agriculture, building and construction, connectivity, and specialty materials. The company serves customers through a portfolio of businesses and brands operating across multiple industrial and consumer markets.
Its business segments include Polymer Solutions, which produces vinyl and fluorinated products; Building and Infrastructure, which provides piping and water-management systems through brands such as Wavin; Precision Agriculture, which supplies irrigation and agricultural technology through Netafim; and Connectivity Solutions, which manufactures products used in telecommunications and energy networks.
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