Short Interest in Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHY) Increases By 21.4%

Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHY) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 1,700 shares, an increase of 21.4% from the December 31st total of 1,400 shares. Based on an average daily volume of 2,400 shares, the short-interest ratio is presently 0.7 days.

Orbia Advance Stock Performance

MXCHY remained flat at $1.26 on Monday. 171 shares of the company were exchanged, compared to its average volume of 3,150. The company has a debt-to-equity ratio of 1.47, a current ratio of 1.52 and a quick ratio of 1.04. Orbia Advance has a one year low of $1.26 and a one year high of $4.62. The firm has a 50 day moving average price of $1.58 and a two-hundred day moving average price of $1.90.

Orbia Advance Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, January 2nd. Investors of record on Monday, December 23rd were paid a $0.0294 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This is a boost from Orbia Advance’s previous dividend of $0.00.

About Orbia Advance

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.