Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHF) Short Interest Update

Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHF) was the target of a significant drop in short interest during the month of April. As of April 15th, there was short interest totaling 151,505 shares, a drop of 83.7% from the March 31st total of 932,028 shares. Based on an average trading volume of 8,088 shares, the days-to-cover ratio is presently 18.7 days.

Orbia Advance Price Performance

OTCMKTS:MXCHF remained flat at $1.30 during mid-day trading on Friday. 101 shares of the company were exchanged, compared to its average volume of 10,811. Orbia Advance has a fifty-two week low of $0.62 and a fifty-two week high of $1.30. The business has a 50 day simple moving average of $1.17 and a 200-day simple moving average of $1.03.

About Orbia Advance

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.