ALPEK, S.A.B. de C.V. (OTCMKTS:ALPKF) Short Interest Up 7.6% in September

ALPEK, S.A.B. de C.V. (OTCMKTS:ALPKF) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totalling 2,240,200 shares, a growth of 7.6% from the August 31st total of 2,081,300 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

ALPEK Stock Performance

Shares of ALPEK stock opened at $0.60 on Monday. The company has a 50-day simple moving average of $0.60 and a two-hundred day simple moving average of $0.60. ALPEK has a one year low of $0.60 and a one year high of $1.20.

About ALPEK

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.