Acerinox, S.A. (OTCMKTS:ANIOY) Sees Significant Increase in Short Interest

Acerinox, S.A. (OTCMKTS:ANIOY - Get Free Report) was the target of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 3,600 shares, a growth of 80.0% from the October 15th total of 2,000 shares. Based on an average daily trading volume, of 3,400 shares, the short-interest ratio is currently 1.1 days.

Acerinox Stock Performance

Shares of ANIOY stock traded down $0.21 during trading hours on Wednesday, hitting $4.65. 7,200 shares of the company were exchanged, compared to its average volume of 1,489. The company has a 50 day simple moving average of $5.01 and a two-hundred day simple moving average of $5.17. The firm has a market cap of $2.32 billion, a P/E ratio of 58.13 and a beta of 1.45. Acerinox has a fifty-two week low of $4.45 and a fifty-two week high of $5.80.

Acerinox (OTCMKTS:ANIOY - Get Free Report) last released its quarterly earnings data on Tuesday, October 29th. The company reported $0.10 EPS for the quarter. Acerinox had a return on equity of 8.11% and a net margin of 0.79%. The firm had revenue of $1.44 billion during the quarter. As a group, sell-side analysts expect that Acerinox will post 0.56 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.