Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHF) Shares Shorted: Short Interest Down 56.4% in October

Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHF) saw a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 211,108 shares, a decrease of 56.4% from the September 30th total of 483,940 shares. Based on an average trading volume of 5,455 shares, the short-interest ratio is presently 38.7 days.

Orbia Advance Stock Performance

OTCMKTS MXCHF remained flat at $1.19 during trading hours on Friday. Orbia Advance has a 52-week low of $0.85 and a 52-week high of $1.40. The business has a 50 day moving average of $1.21 and a two-hundred day moving average of $1.23.

About Orbia Advance

Orbia Advance Corporation, SAB. de C.V. is a Mexico-based company that develops and manufactures products used in agriculture, infrastructure, construction, connectivity and specialized industrial applications. Its operations are organized into business groups serving customers in multiple regions, including North America, Latin America, Europe, Asia and other international markets.

The company’s Precision Agriculture business, operated through Netafim, provides drip irrigation systems, water-management technologies and related agricultural solutions.