Orbia Advance Corporation, S.A.B. de C.V. Unsponsored ADR (OTCMKTS:MXCHY) Short Interest Up 3,100.0% in September

Key Points

• Orbia Advance Corporation's short interest surged by 3,100.0% in September, increasing from 100 shares on August 31st to 3,200 shares as of September 15th.
• The stock reached $1.86 during mid-day trading on Tuesday, with an average daily volume of 27,100 shares.
• Orbia Advance offers a range of products and solutions in sectors such as precision agriculture, building and infrastructure, and connectivity.

Orbia Advance Corporation, S.A.B. de C.V. Unsponsored ADR (OTCMKTS:MXCHY - ) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totaling 3,200 shares, a growth of 3,100.0% from the August 31st total of 100 shares. Based on an average daily volume of 27,100 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 27,100 shares, the days-to-cover ratio is currently 0.1 days.

Orbia Advance Stock Performance

Shares of MXCHY stock traded up $0.08 during mid-day trading on Tuesday, reaching $1.86. 5,800 shares of the stock traded hands, compared to its average volume of 7,359. The stock's fifty day simple moving average is $1.49 and its two-hundred day simple moving average is $1.43. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.93 and a current ratio of 1.36. Orbia Advance has a 1-year low of $1.00 and a 1-year high of $2.41.

Orbia Advance Company Profile

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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