ALPEK, S.A.B. de C.V. (OTCMKTS:ALPKF – Get Free Report) was the recipient of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 827,391 shares, a growth of 52.4% from the December 31st total of 543,082 shares. Based on an average daily volume of 40,522 shares, the days-to-cover ratio is currently 20.4 days. Based on an average daily volume of 40,522 shares, the days-to-cover ratio is currently 20.4 days.
Analyst Ratings Changes
Separately, Santander raised shares of ALPEK to an “outperform” rating in a report on Thursday, October 16th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy”.
View Our Latest Research Report on ALPEK
ALPEK Stock Performance
ALPEK Company Profile
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.
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