Acerinox, S.A. (OTCMKTS:ANIOY) Short Interest Up 28.1% in January

Acerinox, S.A. (OTCMKTS:ANIOY - Get Free Report) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 4,100 shares, an increase of 28.1% from the December 31st total of 3,200 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 41.0 days.

Acerinox Stock Performance

Acerinox stock remained flat at $5.10 during mid-day trading on Wednesday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.37 and a current ratio of 2.25. The firm's fifty day simple moving average is $4.96 and its 200 day simple moving average is $5.00. Acerinox has a 1-year low of $4.45 and a 1-year high of $5.70. The company has a market capitalization of $2.54 billion, a P/E ratio of 63.76 and a beta of 1.44.

Acerinox Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, February 10th. Shareholders of record on Thursday, January 23rd will be paid a dividend of $0.0983 per share. The ex-dividend date is Thursday, January 23rd. Acerinox's dividend payout ratio is currently 250.03%.

About Acerinox

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.