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Short Interest in Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHY) Declines By 86.7%

Orbia Advance logo with Basic Materials background

Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHY - Get Free Report) saw a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 1,500 shares, a drop of 86.7% from the March 31st total of 11,300 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 1,500 shares, the days-to-cover ratio is presently 1.0 days.

Orbia Advance Price Performance

Shares of MXCHY stock remained flat at $1.47 during trading hours on Friday. 44 shares of the stock traded hands, compared to its average volume of 2,869. The stock has a 50-day simple moving average of $1.46 and a 200 day simple moving average of $1.58. The company has a debt-to-equity ratio of 1.47, a current ratio of 1.52 and a quick ratio of 1.04. Orbia Advance has a fifty-two week low of $1.18 and a fifty-two week high of $4.10.

About Orbia Advance

(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.

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