ALPEK, S.A.B. de C.V. (OTCMKTS:ALPKF – Get Free Report) saw a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 732,240 shares, a decline of 51.2% from the August 31st total of 1,501,064 shares. Based on an average daily trading volume, of 19,079 shares, the days-to-cover ratio is currently 38.4 days.
ALPEK Price Performance
OTCMKTS:ALPKF opened at $0.87 on Thursday. The firm’s 50 day moving average is $0.77 and its two-hundred day moving average is $0.71. ALPEK has a fifty-two week low of $0.45 and a fifty-two week high of $0.91.
ALPEK Company Profile
Alpek, SAB. de C.V. is a Mexico-based petrochemical company that produces materials used in packaging, food and beverage containers, consumer goods, automotive components, construction products and other industrial applications. The company is headquartered in Monterrey, Mexico, and operates as part of the broader petrochemical industry.
Alpek’s principal products include polyester-related materials such as purified terephthalic acid (PTA), polyethylene terephthalate (PET) resin, recycled PET and polyester fibers.
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