ALPEK, S.A.B. de C.V. (OTCMKTS:ALPKF – Get Free Report) was the target of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 732,240 shares, a decrease of 51.2% from the August 31st total of 1,501,064 shares. Based on an average daily volume of 19,079 shares, the days-to-cover ratio is currently 38.4 days.
ALPEK Stock Performance
Shares of OTCMKTS:ALPKF opened at $0.87 on Wednesday. The company’s 50-day moving average price is $0.77 and its 200 day moving average price is $0.70. ALPEK has a fifty-two week low of $0.45 and a fifty-two week high of $0.91.
About ALPEK
Alpek, SAB. de C.V. is a Mexico-based petrochemical company that produces materials used in packaging, food and beverage containers, consumer goods, automotive components, construction products and other industrial applications. The company is headquartered in Monterrey, Mexico, and operates as part of the broader petrochemical industry.
Alpek’s principal products include polyester-related materials such as purified terephthalic acid (PTA), polyethylene terephthalate (PET) resin, recycled PET and polyester fibers.
See Also
- Five stocks we like better than ALPEK
- CarMax Just Gave Investors a Better Reason to Believe in the Turnaround
- CoreWeave Comes With Risks: Analysts Split on What Matters Most
- Bottlenecking the Future: TSMC Prices Out the Competition
- Fervo Energy Hits Geothermal Milestone: Will It Matter For The Stock?
Receive News & Ratings for ALPEK Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ALPEK and related companies with MarketBeat.com's FREE daily email newsletter.
