Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHF – Get Free Report) was the recipient of a significant decline in short interest in October. As of October 15th, there was short interest totaling 211,108 shares, a decline of 56.4% from the September 30th total of 483,940 shares. Based on an average trading volume of 5,455 shares, the days-to-cover ratio is currently 38.7 days.
Orbia Advance Price Performance
OTCMKTS MXCHF remained flat at $1.19 on Friday. The business has a 50 day moving average price of $1.21 and a 200 day moving average price of $1.23. Orbia Advance has a twelve month low of $0.85 and a twelve month high of $1.40.
About Orbia Advance
Orbia Advance Corporation, SAB. de C.V. is a Mexico-based company that develops and manufactures products used in agriculture, infrastructure, construction, connectivity and specialized industrial applications. Its operations are organized into business groups serving customers in multiple regions, including North America, Latin America, Europe, Asia and other international markets.
The company’s Precision Agriculture business, operated through Netafim, provides drip irrigation systems, water-management technologies and related agricultural solutions.
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