Alfa S.A.B. de C.V. (OTCMKTS:ALFFF – Get Free Report) was the target of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 2,558,058 shares, a decrease of 37.0% from the May 14th total of 4,060,138 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.
Alfa Price Performance
Shares of ALFFF opened at $0.85 on Tuesday. The firm’s fifty day simple moving average is $0.99 and its two-hundred day simple moving average is $0.93. Alfa has a 12 month low of $0.74 and a 12 month high of $1.10.
About Alfa
Alfa SAB. de C.V., trading on the OTC Market under the ticker ALFFF, is a diversified Mexican industrial conglomerate headquartered in Monterrey, Mexico. Founded in 1974 by the Garza family, the company has evolved into one of Mexico’s largest industrial players through strategic acquisitions and spin-offs.
Alfa’s core operations are organized into four principal business units. Alpek, its petrochemical subsidiary, produces polymers and intermediate chemicals such as polyethylene terephthalate (PET) and polypropylene (PP).
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