Alfa S.A.B. de C.V. (OTCMKTS:ALFFF – Get Free Report) was the recipient of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 2,273,342 shares, a decrease of 54.5% from the June 15th total of 4,990,996 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.
Alfa Price Performance
Alfa stock opened at $0.85 on Tuesday. Alfa has a 1-year low of $0.74 and a 1-year high of $1.10. The business has a fifty day moving average price of $0.91 and a 200-day moving average price of $0.93.
About Alfa
Alfa SAB. de C.V., trading on the OTC Market under the ticker ALFFF, is a diversified Mexican industrial conglomerate headquartered in Monterrey, Mexico. Founded in 1974 by the Garza family, the company has evolved into one of Mexico’s largest industrial players through strategic acquisitions and spin-offs.
Alfa’s core operations are organized into four principal business units. Alpek, its petrochemical subsidiary, produces polymers and intermediate chemicals such as polyethylene terephthalate (PET) and polypropylene (PP).
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