Short Interest in Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHF) Increases By 202.2%

Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHF) was the recipient of a large growth in short interest in April. As of April 30th, there was short interest totaling 457,881 shares, a growth of 202.2% from the April 15th total of 151,505 shares. Based on an average daily trading volume, of 100,989 shares, the days-to-cover ratio is presently 4.5 days.

Orbia Advance Stock Up 1.1%

Shares of OTCMKTS MXCHF traded up $0.02 during mid-day trading on Thursday, hitting $1.39. 1,500 shares of the company’s stock traded hands, compared to its average volume of 9,430. Orbia Advance has a 1 year low of $0.62 and a 1 year high of $1.39. The company’s 50-day moving average is $1.19 and its two-hundred day moving average is $1.06.

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.