Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHF) Sees Significant Growth in Short Interest

Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHF) was the recipient of a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 196,448 shares, a growth of 102.9% from the February 12th total of 96,818 shares. Based on an average daily volume of 12,089 shares, the short-interest ratio is currently 16.3 days. Based on an average daily volume of 12,089 shares, the short-interest ratio is currently 16.3 days.

Orbia Advance Price Performance

MXCHF opened at $1.21 on Thursday. The business’s 50 day moving average is $1.06 and its 200-day moving average is $0.96. Orbia Advance has a twelve month low of $0.62 and a twelve month high of $1.30.

Orbia Advance Company Profile

Orbia Advance Corporation, formerly known as Mexichem, is a global materials and solutions provider specializing in polymer-based technologies and infrastructure systems. The company operates five key business platforms: Fluorinated Solutions, Polymer Solutions, Precision Agriculture, Building and Infrastructure, and Data Communications. Its product portfolio includes fluoropolymers and refrigerant gases, PVC resins and compounds, drip-irrigation systems, water and gas piping networks, and fiber-optic microducts for broadband connectivity.

In its Fluorinated Solutions segment, Orbia supplies specialty chemicals such as PTFE, PVDF and FEP resins, along with refrigerants and industrial gases used in automotive, electronics and healthcare applications.