Orbia Advance Corporation, S.A.B. de C.V. Unsponsored ADR (OTCMKTS:MXCHY) Sees Large Growth in Short Interest

by · The Cerbat Gem

Orbia Advance Corporation, S.A.B. de C.V. Unsponsored ADR (OTCMKTS:MXCHY – Get Free Report) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 100 shares. Based on an average trading volume of 989 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Orbia Advance Trading Up 1.8%

OTCMKTS:MXCHY traded up $0.04 on Friday, reaching $2.29. 441 shares of the stock traded hands, compared to its average volume of 329. The company has a debt-to-equity ratio of 1.83, a quick ratio of 1.03 and a current ratio of 1.47. Orbia Advance has a 1-year low of $1.58 and a 1-year high of $2.78. The company’s 50 day moving average is $2.33 and its 200-day moving average is $2.39.

Orbia Advance Company Profile

(Get Free Report)

Orbia Advance Corporation, SAB. de C.V., formerly known as Mexichem, is a Mexico-based company that develops and manufactures products and solutions for agriculture, building and infrastructure, data communications, polymers and fluorinated products. The company serves customers through a portfolio of specialized businesses with applications across industrial, residential, commercial and agricultural markets.

Orbia’s Precision Agriculture business operates under the Netafim brand and provides drip irrigation and water-management systems.

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