Alfa S.A.B. de C.V. (OTCMKTS:ALFFF) Short Interest Down 71.3% in January

Alfa S.A.B. de C.V. (OTCMKTS:ALFFF) saw a large decline in short interest in the month of January. As of January 31st, there was short interest totalling 824,400 shares, a decline of 71.3% from the January 15th total of 2,868,600 shares. Based on an average trading volume of 1,000 shares, the days-to-cover ratio is currently 824.4 days.

Alfa Trading Down 2.6 %

Shares of ALFFF opened at $0.82 on Thursday. The firm has a 50-day moving average price of $0.78 and a 200 day moving average price of $0.71. Alfa has a 52-week low of $0.52 and a 52-week high of $0.85.

About Alfa

Alfa SAB. de C.V., together with its subsidiaries, engages in the petrochemical and synthetic fiber and refrigerated food businesses in Mexico. It operates through two segments, Alpek and Sigma. The company manufactures petrochemical and synthetic fiber products, including purified terephtalic acid, polyethylene terephthalate (PET), recycled PET, polypropylene, expandable polystyrene, chemical specialties, and industrial chemicals.