Orbia Advance Corporation, S.A.B. de C.V. Unsponsored ADR (OTCMKTS:MXCHY) Shares Shorted: Short Interest Up 300.0% in October

Orbia Advance Corporation, S.A.B. de C.V. Unsponsored ADR (OTCMKTS:MXCHY – Get Free Report) saw a large growth in short interest in October. As of October 30th, there was short interest totaling 400 shares, a growth of 300.0% from the October 15th total of 100 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 615 shares, the short-interest ratio is currently 0.7 days.

Orbia Advance Stock Performance

OTCMKTS:MXCHY opened at $2.31 on Thursday. The company has a debt-to-equity ratio of 1.83, a current ratio of 1.47 and a quick ratio of 1.03. Orbia Advance has a twelve month low of $1.58 and a twelve month high of $2.78. The company’s 50 day moving average is $2.31 and its two-hundred day moving average is $2.41.

About Orbia Advance

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Orbia Advance Corporation, which operates under the Orbia name, is a Mexico-based global company with businesses focused on agriculture, infrastructure, connectivity and materials. Its operations include precision agriculture, building and infrastructure solutions, polymer products, fluorinated materials and energy-related technologies. Through Netafim, Orbia provides drip irrigation and other precision agriculture systems. Its Wavin business makes piping and water-management products for buildings and infrastructure, while Dura-Line supplies communications and energy infrastructure products such as conduit and duct.

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