Orbia Advance Corporation, S.A.B. de C.V. Unsponsored ADR (OTCMKTS:MXCHY) Short Interest Update

Orbia Advance Corporation, S.A.B. de C.V. Unsponsored ADR (OTCMKTS:MXCHY) was the target of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 200 shares, a decrease of 92.8% from the June 15th total of 2,779 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 748 shares, the short-interest ratio is currently 0.3 days.

Wall Street Analysts Forecast Growth

Separately, Barclays restated an “overweight” rating on shares of Orbia Advance in a report on Friday, May 1st. Three analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy”.

Orbia Advance Trading Up 2.0%

Shares of MXCHY traded up $0.05 on Friday, reaching $2.56. The company’s stock had a trading volume of 3,450 shares, compared to its average volume of 1,067. Orbia Advance has a twelve month low of $1.26 and a twelve month high of $2.75. The firm has a fifty day moving average of $2.54 and a 200-day moving average of $2.29.

Orbia Advance Company Profile

Orbia Advance Corporation, formerly Mexichem, is a leading global provider of specialty materials and innovative solutions headquartered in Mexico City. Founded in 1953 as the first vinyl chloride producer in Mexico, the company rebranded to Orbia Advance in 2019 to reflect its broadened portfolio spanning advanced chemicals, polymers and infrastructure technologies.

Orbia’s operations are organized into four core segments: Fluorinated Solutions, which offers refrigerants, fluoropolymers and specialty chemicals; Polymer Solutions, producing polyethylene, PVC and compound resins; Building & Infrastructure, supplying piping systems, cables and water management products; and Precision Agriculture, delivering drip-irrigation systems and soil-conditioning services.