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

Orbia Advance logo with Basic Materials background

Key Points

  • Orbia Advance Corporation experienced a notable increase in short interest, with a total of 4,700 shares shorted as of July 15th, representing an 88.0% rise from the previous month.
  • The company has a current ratio of 1.36 and a debt-to-equity ratio of 1.48, indicating financial stability and some leverage in its capital structure.
  • Barclays has reaffirmed an "overweight" rating on Orbia Advance shares, suggesting confidence in the stock's future performance.
  • Five stocks we like better than Orbia Advance.

Orbia Advance Corporation, S.A.B. de C.V. Unsponsored ADR (OTCMKTS:MXCHY - Get Free Report) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 4,700 shares, anincreaseof88.0% from the June 30th total of 2,500 shares. Based on an average daily trading volume, of 700 shares, the days-to-cover ratio is currently 6.7 days. Based on an average daily trading volume, of 700 shares, the days-to-cover ratio is currently 6.7 days.

Orbia Advance Price Performance

Shares of MXCHY remained flat at $1.30 during mid-day trading on Friday. The company has a current ratio of 1.36, a quick ratio of 0.93 and a debt-to-equity ratio of 1.48. Orbia Advance has a 12-month low of $1.00 and a 12-month high of $2.55. The company's 50-day simple moving average is $1.36 and its two-hundred day simple moving average is $1.39.

Analysts Set New Price Targets

Separately, Barclays reaffirmed an "overweight" rating on shares of Orbia Advance in a report on Tuesday, May 6th.

View Our Latest Stock Analysis on MXCHY

Orbia Advance Company Profile

(Get Free Report)

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.

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