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) saw a significant increase in short interest in 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 trading volume of 2,400 shares, the short-interest ratio is currently 0.7 days.

Orbia Advance Stock Performance

OTCMKTS MXCHY remained flat at $1.26 during trading hours on Monday. The company’s stock had a trading volume of 171 shares, compared to its average volume of 3,150. Orbia Advance has a 52 week low of $1.26 and a 52 week high of $4.62. The stock has a 50 day moving average price of $1.58 and a 200-day moving average price of $1.90. 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 Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, January 2nd. Investors 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 a positive change 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.