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Acerinox, S.A. (OTCMKTS:ANIOY) Short Interest Update

Acerinox logo with Basic Materials background

Acerinox, S.A. (OTCMKTS:ANIOY - Get Free Report) was the target of a significant decline in short interest in November. As of November 30th, there was short interest totalling 3,400 shares, a decline 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 presently 5.7 days.

Acerinox Stock Down 2.1 %

OTCMKTS ANIOY traded down $0.11 during trading hours on Friday, hitting $5.02. 200 shares of the company were exchanged, compared to its average volume of 2,565. The firm has a market cap of $2.50 billion, a price-to-earnings ratio of 62.75 and a beta of 1.44. The company has a 50 day moving average of $4.90 and a two-hundred day moving average of $5.09. Acerinox has a 52-week low of $4.45 and a 52-week high of $5.80.

Acerinox (OTCMKTS:ANIOY - Get Free Report) last released its earnings results on Tuesday, October 29th. The company reported $0.10 earnings per share for the quarter. Acerinox had a net margin of 0.79% and a return on equity of 8.11%. The firm had revenue of $1.44 billion for the quarter. On average, equities research analysts predict that Acerinox will post 0.6 EPS for the current year.

About Acerinox

(Get Free Report)

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.

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