Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHF) Short Interest Update

Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHF) saw a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 457,881 shares, an increase of 202.2% from the April 15th total of 151,505 shares. Based on an average daily trading volume, of 100,989 shares, the days-to-cover ratio is currently 4.5 days.

Orbia Advance Stock Down 6.5%

MXCHF traded down $0.09 during trading on Friday, reaching $1.30. The company had a trading volume of 1,500 shares, compared to its average volume of 9,100. The business has a 50 day simple moving average of $1.20 and a 200-day simple moving average of $1.06. Orbia Advance has a 52 week low of $0.62 and a 52 week high of $1.39.

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.