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

Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHY) was the recipient of a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 2,100 shares, a decline of 77.4% from the January 31st total of 9,300 shares. Based on an average daily trading volume, of 4,300 shares, the short-interest ratio is presently 0.5 days.

Orbia Advance Stock Performance

OTCMKTS MXCHY opened at $1.32 on Friday. The stock’s 50-day moving average price is $1.43 and its two-hundred day moving average price is $1.75. The company has a debt-to-equity ratio of 1.47, a quick ratio of 1.04 and a current ratio of 1.52. Orbia Advance has a 1 year low of $1.18 and a 1 year high of $4.62.

Orbia Advance Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, January 2nd. Shareholders of record on Monday, December 23rd were issued a dividend of $0.0294 per share. The ex-dividend date was Monday, December 23rd. This is an increase 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.