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Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHY) Short Interest Up 21.4% in January

Orbia Advance logo with Basic Materials background

Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHY - Get Free Report) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 1,700 shares, a growth of 21.4% from the December 31st total of 1,400 shares. Based on an average trading volume of 2,400 shares, the short-interest ratio is currently 0.7 days.

Orbia Advance Stock Performance

Shares of MXCHY stock traded down $0.35 during mid-day trading on Thursday, reaching $1.26. The stock had a trading volume of 538 shares, compared to its average volume of 3,150. The company has a current ratio of 1.52, a quick ratio of 1.04 and a debt-to-equity ratio of 1.47. Orbia Advance has a 12-month low of $1.26 and a 12-month high of $4.62. The business has a 50-day simple moving average of $1.57 and a 200 day simple moving average of $1.88.

Orbia Advance Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, January 2nd. Stockholders of record on Monday, December 23rd were paid a dividend of $0.0294 per share. This is a boost from Orbia Advance's previous dividend of $0.00. The ex-dividend date was Monday, December 23rd.

Orbia Advance Company Profile

(Get Free Report)

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.

Further Reading

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