Alfa S.A.B. de C.V. (OTCMKTS:ALFFF – Get Free Report) saw a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 2,558,058 shares, a drop of 37.0% from the May 14th total of 4,060,138 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.
Alfa Price Performance
Shares of OTCMKTS:ALFFF opened at $0.85 on Monday. The firm has a fifty day moving average of $0.99 and a two-hundred day moving average of $0.93. Alfa has a 12-month low of $0.74 and a 12-month high of $1.10.
Alfa Company Profile
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).
Further Reading
- Five stocks we like better than Alfa
- 3 ETFs Giving Ready-Made Access to the Discounted International Small-Cap Space
- What to Expect From Q2 Earnings as Tech Strength Broadens
- Viasat’s Orbiting Profits: Space Force Jackpot?
- Robinhood Wants a Bigger Role in IPOs—Here’s Why It Matters
Receive News & Ratings for Alfa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alfa and related companies with MarketBeat.com's FREE daily email newsletter.
