Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHF – Get Free Report) was the target of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 211,108 shares, a decrease of 56.4% from the September 30th total of 483,940 shares. Based on an average daily trading volume, of 5,455 shares, the days-to-cover ratio is presently 38.7 days.
Orbia Advance Stock Down 11.2%
Shares of OTCMKTS MXCHF opened at $1.19 on Friday. The business has a fifty day moving average price of $1.22 and a two-hundred day moving average price of $1.23. Orbia Advance has a fifty-two week low of $0.85 and a fifty-two week 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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