Orbia Advance Corporation, S.A.B. de C.V. Unsponsored ADR (OTCMKTS:MXCHY) Sees Large Increase in Short Interest

Orbia Advance Corporation, S.A.B. de C.V. Unsponsored ADR (OTCMKTS:MXCHY) was the target of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 400 shares, an increase of 300.0% from the October 15th total of 100 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 615 shares, the short-interest ratio is currently 0.7 days.

Orbia Advance Stock Performance

Shares of Orbia Advance stock remained flat at $2.31 on Friday. The company has a debt-to-equity ratio of 1.83, a current ratio of 1.47 and a quick ratio of 1.03. Orbia Advance has a 12 month low of $1.58 and a 12 month high of $2.78. The company’s fifty day moving average is $2.31 and its two-hundred day moving average is $2.41.

Orbia Advance Company Profile

Orbia Advance Corporation, which operates under the Orbia name, is a Mexico-based global company with businesses focused on agriculture, infrastructure, connectivity and materials. Its operations include precision agriculture, building and infrastructure solutions, polymer products, fluorinated materials and energy-related technologies. Through Netafim, Orbia provides drip irrigation and other precision agriculture systems. Its Wavin business makes piping and water-management products for buildings and infrastructure, while Dura-Line supplies communications and energy infrastructure products such as conduit and duct.