Short Interest in Aperam S.A. (OTCMKTS:APEMY) Declines By 68.5%

Aperam S.A. (OTCMKTS:APEMY - Get Free Report) was the recipient of a large decline in short interest in March. As of March 15th, there was short interest totalling 1,700 shares, a decline of 68.5% from the February 28th total of 5,400 shares. Currently, 0.0% of the company's stock are sold short. Based on an average daily trading volume, of 1,600 shares, the days-to-cover ratio is presently 1.1 days.

Aperam Stock Performance

APEMY stock remained flat at $33.45 during midday trading on Monday. The company's stock had a trading volume of 56 shares, compared to its average volume of 940. The firm has a market capitalization of $2.45 billion, a PE ratio of 9.67 and a beta of 1.65. The company has a quick ratio of 0.56, a current ratio of 2.82 and a debt-to-equity ratio of 0.15. The business has a 50-day moving average of $30.51 and a 200 day moving average of $28.93. Aperam has a 52 week low of $25.18 and a 52 week high of $35.75.

Aperam (OTCMKTS:APEMY - Get Free Report) last posted its quarterly earnings data on Friday, February 7th. The company reported $0.18 EPS for the quarter. Aperam had a net margin of 3.73% and a return on equity of 2.02%. On average, sell-side analysts forecast that Aperam will post 2.84 EPS for the current fiscal year.

Aperam Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Friday, February 28th were paid a dividend of $0.5224 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $2.09 annualized dividend and a yield of 6.25%. This is a boost from Aperam's previous quarterly dividend of $0.46. Aperam's dividend payout ratio is presently 51.16%.

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Aperam Company Profile

Aperam SA, together with its subsidiaries, produces and sells stainless and specialty steel products worldwide. It operates through four segments: Stainless & Electrical Steel; Services & Solutions; Alloys & Specialties; and Recycling & Renewables. The company offers a range of stainless steel products, including grain oriented and non-grain oriented electrical steel products, and specialty alloys.