Short Interest in ALPEK, S.A.B. de C.V. (OTCMKTS:ALPKF) Increases By 128.4%

ALPEK, S.A.B. de C.V. (OTCMKTS:ALPKF) saw a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 5,113,083 shares, a growth of 128.4% from the February 12th total of 2,238,593 shares. Based on an average daily trading volume, of 6,383 shares, the days-to-cover ratio is currently 801.0 days. Based on an average daily trading volume, of 6,383 shares, the days-to-cover ratio is currently 801.0 days.

ALPEK Stock Performance

ALPKF opened at $0.56 on Friday. ALPEK has a fifty-two week low of $0.45 and a fifty-two week high of $0.59. The firm has a 50-day moving average of $0.51 and a 200 day moving average of $0.53.

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.