Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHF – Get Free Report) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 483,940 shares, a growth of 129.6% from the September 15th total of 210,762 shares. Based on an average daily volume of 36,455 shares, the days-to-cover ratio is presently 13.3 days.
Orbia Advance Stock Performance
Shares of OTCMKTS MXCHF opened at $1.11 on Thursday. The firm’s fifty day moving average is $1.25 and its two-hundred day moving average is $1.27. Orbia Advance has a 52-week low of $0.85 and a 52-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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