Short Interest in Alfa S.A.B. de C.V. (OTCMKTS:ALFFF) Declines By 21.4%

Alfa S.A.B. de C.V. (OTCMKTS:ALFFF) saw a significant decrease in short interest during the month of May. As of May 15th, there was short interest totalling 2,402,900 shares, a decrease of 21.4% from the April 30th total of 3,057,300 shares. Based on an average daily trading volume, of 300 shares, the short-interest ratio is currently 8,009.7 days.

Alfa Stock Performance

OTCMKTS ALFFF opened at $0.79 on Monday. The business has a 50 day simple moving average of $0.67 and a two-hundred day simple moving average of $0.74. Alfa has a 1-year low of $0.41 and a 1-year high of $0.85.

About Alfa

Alfa SAB. de C.V., together with its subsidiaries, engages in the petrochemical and synthetic fiber and refrigerated food businesses in Mexico. It operates through two segments, Alpek and Sigma. The company manufactures petrochemical and synthetic fiber products, including purified terephtalic acid, polyethylene terephthalate (PET), recycled PET, polypropylene, expandable polystyrene, chemical specialties, and industrial chemicals.