Orbia Advance Corporation, S.A.B. de C.V. Unsponsored ADR (OTCMKTS:MXCHY) Short Interest Update

Orbia Advance Corporation, S.A.B. de C.V. Unsponsored ADR (OTCMKTS:MXCHY) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 6,264 shares, an increase of 3,032.0% from the June 30th total of 200 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 4,381 shares, the short-interest ratio is presently 1.4 days.

Wall Street Analyst Weigh In

Separately, Barclays reaffirmed an “overweight” rating on shares of Orbia Advance in a research report on Friday, May 1st. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy”.

Orbia Advance Price Performance

MXCHY stock opened at $2.71 on Friday. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.44 and a quick ratio of 1.02. Orbia Advance has a 1 year low of $1.28 and a 1 year high of $2.75. The firm has a 50-day moving average of $2.55 and a 200 day moving average of $2.35.

About Orbia Advance

Orbia Advance Corporation, formerly Mexichem, is a leading global provider of specialty materials and innovative solutions headquartered in Mexico City. Founded in 1953 as the first vinyl chloride producer in Mexico, the company rebranded to Orbia Advance in 2019 to reflect its broadened portfolio spanning advanced chemicals, polymers and infrastructure technologies.

Orbia’s operations are organized into four core segments: Fluorinated Solutions, which offers refrigerants, fluoropolymers and specialty chemicals; Polymer Solutions, producing polyethylene, PVC and compound resins; Building & Infrastructure, supplying piping systems, cables and water management products; and Precision Agriculture, delivering drip-irrigation systems and soil-conditioning services.