ALPEK, S.A.B. de C.V. (OTCMKTS:ALPKF – Get Free Report) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 1,202,389 shares, an increase of 64.2% from the September 15th total of 732,240 shares. Based on an average trading volume of 191,872 shares, the days-to-cover ratio is presently 6.3 days.
ALPEK Price Performance
ALPEK stock opened at $0.85 on Friday. The company has a 50 day moving average price of $0.79 and a 200-day moving average price of $0.73. 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 and markets materials used in packaging, textiles, food and beverage containers, automotive components, construction products and other industrial applications. The company is headquartered in Monterrey, Mexico, and is part of the broader petrochemical industry in the Americas.
Its primary products include polyester chain materials such as purified terephthalic acid (PTA), polyethylene terephthalate (PET) resins and polyester fibers.
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