Short Interest in ALPEK, S.A.B. de C.V. (OTCMKTS:ALPKF) Decreases By 6.2%

ALPEK, S.A.B. de C.V. (OTCMKTS:ALPKF) was the target of a large drop in short interest in December. As of December 31st, there was short interest totalling 1,271,200 shares, a drop of 6.2% from the December 15th total of 1,355,800 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

ALPEK Stock Performance

Shares of ALPKF opened at $0.75 on Monday. ALPEK has a twelve month low of $0.75 and a twelve month high of $0.75. The firm’s fifty day simple moving average is $0.75 and its 200-day simple moving average is $0.65.

ALPEK Company Profile

Alpek, SAB. de C.V., together with its subsidiaries, operates as a petrochemical company in Mexico and internationally. It operates in two segments, Polyester, and Plastic and Chemicals. The Polyester segment produces purified terephthalic acid (PTA), an organic compound that is raw material for PET; polyethylene terephthalate (PET), a plastic resin for use in the beverage bottles, food containers, and consumer good packaging applications; recycled PET for new bottles and containers, strapping and packing supplies, and fibers for clothing and carpet; and polyester fibers, such as staple fiber for use in carpets, home furnishings, and garments; and filament for clothing, automotive interiors, and seatbelts, as well as canvases, conveyor belts, hoses, and other industrial application.