Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHF) Sees Significant Decrease in Short Interest

Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHF) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 98,854 shares, a decline of 28.7% from the December 31st total of 138,716 shares. Based on an average daily volume of 28,120 shares, the days-to-cover ratio is presently 3.5 days. Based on an average daily volume of 28,120 shares, the days-to-cover ratio is presently 3.5 days.

Orbia Advance Stock Down 6.0%

OTCMKTS MXCHF opened at $1.07 on Monday. Orbia Advance has a 1-year low of $0.62 and a 1-year high of $1.15. The stock’s 50 day moving average is $0.93 and its two-hundred day moving average is $0.87.

Orbia Advance Company Profile

Orbia Advance Corporation, formerly known as Mexichem, is a global materials and solutions provider specializing in polymer-based technologies and infrastructure systems. The company operates five key business platforms: Fluorinated Solutions, Polymer Solutions, Precision Agriculture, Building and Infrastructure, and Data Communications. Its product portfolio includes fluoropolymers and refrigerant gases, PVC resins and compounds, drip-irrigation systems, water and gas piping networks, and fiber-optic microducts for broadband connectivity.

In its Fluorinated Solutions segment, Orbia supplies specialty chemicals such as PTFE, PVDF and FEP resins, along with refrigerants and industrial gases used in automotive, electronics and healthcare applications.