Orbia Advance Corporation, S.A.B. de C.V. Unsponsored ADR (OTCMKTS:MXCHY) Sees Large Growth in Short Interest

Orbia Advance Corporation, S.A.B. de C.V. Unsponsored ADR (OTCMKTS:MXCHY) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 100 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 989 shares, the short-interest ratio is presently 0.1 days.

Orbia Advance Price Performance

Shares of Orbia Advance stock traded up $0.04 during trading on Friday, hitting $2.29. The company’s stock had a trading volume of 441 shares, compared to its average volume of 329. Orbia Advance has a 52 week low of $1.58 and a 52 week high of $2.78. The stock has a 50-day moving average price of $2.33 and a two-hundred day moving average price of $2.39. The company has a debt-to-equity ratio of 1.83, a quick ratio of 1.03 and a current ratio of 1.47.

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 agriculture, building and infrastructure, data communications, polymers and fluorinated products. The company serves customers through a portfolio of specialized businesses with applications across industrial, residential, commercial and agricultural markets.

Orbia’s Precision Agriculture business operates under the Netafim brand and provides drip irrigation and water-management systems.