Alfa S.A.B. de C.V. (OTCMKTS:ALFFF) Short Interest Up 268.5% in October

Alfa S.A.B. de C.V. (OTCMKTS:ALFFF) was the recipient of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 14,844,200 shares, a growth of 268.5% from the October 15th total of 4,028,400 shares. Based on an average daily trading volume, of 37,600 shares, the days-to-cover ratio is currently 394.8 days.

Alfa Stock Performance

ALFFF remained flat at $0.70 during trading on Tuesday. The business’s fifty day moving average is $0.70 and its two-hundred day moving average is $0.67. Alfa has a fifty-two week low of $0.52 and a fifty-two week high of $0.81.

About Alfa

Alfa SAB. de C.V., together with its subsidiaries, engages in the petrochemical and synthetic fiber and refrigerated food businesses in Mexico. It operates through two segments, Alpek and Sigma. The company manufactures petrochemical and synthetic fiber products, including purified terephtalic acid, polyethylene terephthalate (PET), recycled PET, polypropylene, expandable polystyrene, chemical specialties, and industrial chemicals.