Alfa S.A.B. de C.V. (OTCMKTS:ALFFF – Get Free Report) was the target of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 4,990,996 shares, an increase of 95.1% from the May 31st total of 2,558,058 shares. Based on an average daily volume of 18 shares, the short-interest ratio is currently 277,277.6 days.
Alfa Price Performance
Shares of OTCMKTS ALFFF opened at $0.85 on Thursday. The stock has a fifty day simple moving average of $0.95 and a two-hundred day simple moving average of $0.94. Alfa has a 1-year low of $0.74 and a 1-year high of $1.10.
Alfa Company Profile
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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