Alfa S.A.B. de C.V. (OTCMKTS:ALFFF – Get Free Report) was the recipient of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 2,727,348 shares, a decline of 48.6% from the July 15th total of 5,304,851 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.
Alfa Stock Performance
Shares of Alfa stock opened at $0.98 on Tuesday. Alfa has a twelve month low of $0.75 and a twelve month high of $1.10. The company’s 50 day moving average is $0.88 and its 200 day moving average is $0.93.
About Alfa
Alfa SAB. de C.V., trading on the OTC Market under the ticker ALFFF, is a diversified Mexican industrial conglomerate headquartered in Monterrey, Mexico. Founded in 1974 by the Garza family, the company has evolved into one of Mexico’s largest industrial players through strategic acquisitions and spin-offs.
Alfa’s core operations are organized into four principal business units. Alpek, its petrochemical subsidiary, produces polymers and intermediate chemicals such as polyethylene terephthalate (PET) and polypropylene (PP).
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