Short Interest in Acerinox, S.A. (OTCMKTS:ANIOY) Declines By 10.5%

Acerinox, S.A. (OTCMKTS:ANIOY) was the target of a large decrease in short interest in November. As of November 30th, there was short interest totalling 3,400 shares, a decrease of 10.5% from the November 15th total of 3,800 shares. Based on an average trading volume of 600 shares, the short-interest ratio is currently 5.7 days.

Acerinox Stock Performance

OTCMKTS ANIOY opened at $5.02 on Tuesday. The stock has a 50 day moving average price of $4.90 and a 200-day moving average price of $5.09. Acerinox has a one year low of $4.45 and a one year high of $5.80. The company has a market capitalization of $2.50 billion, a P/E ratio of 62.75 and a beta of 1.44.

Acerinox (OTCMKTS:ANIOY) last released its quarterly earnings data on Tuesday, October 29th. The company reported $0.10 EPS for the quarter. Acerinox had a net margin of 0.79% and a return on equity of 8.11%. The business had revenue of $1.44 billion during the quarter. As a group, equities analysts predict that Acerinox will post 0.6 EPS for the current fiscal year.

Acerinox Company Profile

Acerinox, SA, together with its subsidiaries, manufactures, process, and markets stainless steel products in Spain, the United States, Africa, Asia, Rest of Europe, and internationally. It operates through Stainless steel, and High-performance Alloys segments. The company offers flat products, including hot and cold rolled coils and sheets, strips, flat bars, and discs, as well as engraved coil and sheet, black coil, slabs, circles, billets, and plates.