Acerinox, S.A. (OTCMKTS:ANIOY) Short Interest Up 5.6% in November

Acerinox, S.A. (OTCMKTS:ANIOY - Get Free Report) was the recipient of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 3,800 shares, a growth of 5.6% from the October 31st total of 3,600 shares. Based on an average trading volume of 3,100 shares, the days-to-cover ratio is presently 1.2 days.

Acerinox Price Performance

OTCMKTS ANIOY remained flat at $5.00 during trading hours on Tuesday. The company's stock had a trading volume of 160 shares, compared to its average volume of 983. The company has a market capitalization of $2.49 billion, a price-to-earnings ratio of 11.90 and a beta of 1.44. Acerinox has a fifty-two week low of $4.45 and a fifty-two week high of $5.80. The company's 50 day moving average is $4.95 and its 200 day moving average is $5.11.

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

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.