Alfa S.A.B. de C.V. (OTCMKTS:ALFFF – Get Free Report) was the recipient of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 1,946,148 shares, a decrease of 56.3% from the September 30th total of 4,448,864 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.
Alfa Price Performance
OTCMKTS:ALFFF opened at $1.11 on Friday. Alfa has a 1-year low of $0.75 and a 1-year high of $1.11. The firm’s 50-day moving average price is $1.05 and its 200-day moving average price is $0.96.
About Alfa
Alfa, SAB. de C.V. is a Mexico-based holding company with a history of investing in and managing businesses across food, petrochemicals and automotive components. The company has been headquartered in Monterrey, Nuevo León, and has traditionally operated through a portfolio of industrial and consumer-focused subsidiaries.
Its principal businesses have included Sigma Alimentos, a producer and distributor of refrigerated and processed foods such as deli meats, dairy products and other prepared foods; Alpek, a petrochemical company producing polyester, plastics and chemicals; and Nemak, an automotive supplier specializing in aluminum components, including engine blocks and cylinder heads.
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