Alfa S.A.B. de C.V. (OTCMKTS:ALFFF – Get Free Report) was the target of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 2,727,348 shares, a drop of 48.6% from the July 15th total of 5,304,851 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.
Alfa Stock Up 3.2%
Shares of Alfa stock opened at $0.98 on Friday. The business’s 50 day simple moving average is $0.88 and its two-hundred day simple moving average is $0.93. Alfa has a one year low of $0.75 and a one year high of $1.10.
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).
Further Reading
- Five stocks we like better than Alfa
- Is Best Buy the AI Winner Hiding in the Electronics Aisle?
- Applied Materials Beat Everything but Wall Street’s Expectations for Margins
- Back From Orbit, Intuitive Machines’ Share Price Enters the Buy Zone
- Texas Roadhouse and Brinker International Have the Recipe Rivals Are Missing
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.
