Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHY) Sees Significant Growth in Short Interest

Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHY) was the recipient of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 15,000 shares, a growth of 206.1% from the February 28th total of 4,900 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 3,300 shares, the days-to-cover ratio is presently 4.5 days.

Orbia Advance Stock Performance

Shares of MXCHY stock traded up $0.16 during mid-day trading on Thursday, hitting $1.60. 2,400 shares of the stock were exchanged, compared to its average volume of 3,327. The stock’s fifty day simple moving average is $1.40 and its two-hundred day simple moving average is $1.66. The company has a debt-to-equity ratio of 1.47, a quick ratio of 1.04 and a current ratio of 1.52. Orbia Advance has a 12-month low of $1.18 and a 12-month high of $4.62.

Orbia Advance Company Profile

Orbia Advance Corporation, SAB. de C.V. provides products and solutions for precision agriculture, building and infrastructure, fluorinated, polymer, and connectivity sectors worldwide. The company offers irrigation systems, agricultural and greenhouse projects, digital farming technologies, and related services; and connectivity solutions, including conduits, cable-in conduit, and other HDPE products and solutions.