ALPEK, S.A.B. de C.V. (OTCMKTS:ALPKF) Sees Significant Growth in Short Interest

ALPEK, S.A.B. de C.V. (OTCMKTS:ALPKF) saw a significant increase in short interest in March. As of March 13th, there was short interest totaling 6,308,578 shares, an increase of 23.4% from the February 26th total of 5,113,083 shares. Based on an average daily volume of 76,629 shares, the days-to-cover ratio is currently 82.3 days.

ALPEK Stock Performance

Shares of ALPKF stock remained flat at $0.60 during trading hours on Monday. The stock had a trading volume of 50 shares, compared to its average volume of 5,969. ALPEK has a fifty-two week low of $0.45 and a fifty-two week high of $0.60. The company’s fifty day simple moving average is $0.53 and its two-hundred day simple moving average is $0.53.

About ALPEK

ALPEK, SAB. de C.V. is a leading petrochemical company based in Mexico and a key player in the Americas. As a publicly traded subsidiary of Grupo Alfa, ALPEK specializes in the production of chemical intermediates and polymers for a wide range of industrial applications. The company’s integrated portfolio serves customers in sectors such as packaging, textiles, automotive, construction and consumer goods.

ALPEK’s core business activities are organized into two main segments: intermediates and plastics.