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

Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHY) was the recipient of a large growth in short interest in March. As of March 15th, there was short interest totalling 15,000 shares, a growth of 206.1% from the February 28th total of 4,900 shares. Based on an average trading volume of 3,300 shares, the short-interest ratio is presently 4.5 days. Approximately 0.0% of the company’s stock are sold short.

Orbia Advance Trading Down 8.2 %

MXCHY opened at $1.45 on Friday. The business has a 50 day moving average of $1.41 and a 200-day moving average of $1.66. Orbia Advance has a 52 week low of $1.18 and a 52 week high of $4.62. The company has a debt-to-equity ratio of 1.47, a quick ratio of 1.04 and a current ratio of 1.52.

Orbia Advance Company Profile

Orbia Advance Corporation, SAB. de C.V. provides products and solutions for precision agriculture, building and infrastructure, fluorinated, polymer, and connectivity sectors worldwide. The company offers irrigation systems, agricultural and greenhouse projects, digital farming technologies, and related services; and connectivity solutions, including conduits, cable-in conduit, and other HDPE products and solutions.