ALPEK, S.A.B. de C.V. (OTCMKTS:ALPKF) Short Interest Update

ALPEK, S.A.B. de C.V. (OTCMKTS:ALPKFGet Rating) was the recipient of a large drop in short interest in August. As of August 31st, there was short interest totalling 1,663,200 shares, a drop of 14.0% from the August 15th total of 1,933,900 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 16,632.0 days.

ALPEK Stock Performance

ALPKF opened at $1.37 on Friday. ALPEK has a 1-year low of $1.37 and a 1-year high of $1.37. The firm has a 50-day moving average price of $1.17 and a two-hundred day moving average price of $1.08.

About ALPEK

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Alpek, SAB. de C.V., together with its subsidiaries, operates as a petrochemical company in Mexico, the United States, Canada, the United Kingdom, Argentina, Brazil, and Chile. It operates in two segments, Polyester, and Plastics and Chemicals. The Polyester segment produces purified terephthalic acid for use as a raw material in polyethylene terephthalate (PET) and polyester fibers; PET, a plastic resin for use in the beverage bottles, food containers, and consumer good packaging applications; and recycled PET for use in new bottles and containers, strapping and packing supplies, and fibers for clothing and carpet.

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