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

Acerinox, S.A. (OTCMKTS:ANIOY - Get Free Report) was the recipient of a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 400 shares, a drop of 90.2% from the January 15th total of 4,100 shares. Based on an average daily volume of 1,100 shares, the days-to-cover ratio is currently 0.4 days.

Acerinox Price Performance

ANIOY stock remained flat at $5.21 during mid-day trading on Friday. The company's stock had a trading volume of 39 shares, compared to its average volume of 300. The company has a quick ratio of 1.37, a current ratio of 2.25 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $2.60 billion, a PE ratio of 65.13 and a beta of 1.44. Acerinox has a 12 month low of $4.45 and a 12 month high of $5.70. The business has a 50 day moving average price of $4.98 and a 200-day moving average price of $5.00.

Acerinox Cuts Dividend

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

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.