Orbia Advance Corporation, S.A.B. de C.V. Unsponsored ADR (OTCMKTS:MXCHY) Stock Short Interest Climbs 300.0%

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

Orbia Advance Stock Performance

Orbia Advance stock opened at $2.31 on Thursday. Orbia Advance has a 1-year low of $1.58 and a 1-year high of $2.78. The company has a debt-to-equity ratio of 1.83, a current ratio of 1.47 and a quick ratio of 1.03. The firm has a 50 day simple moving average of $2.31 and a 200-day simple moving average of $2.41.

About Orbia Advance

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.