Acerinox, S.A. (OTCMKTS:ANIOY) Short Interest Up 33.3% in October

Acerinox, S.A. (OTCMKTS:ANIOY - Get Free Report) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 2,000 shares, an increase of 33.3% from the September 30th total of 1,500 shares. Based on an average trading volume of 2,300 shares, the days-to-cover ratio is currently 0.9 days.

Acerinox Price Performance

Shares of OTCMKTS ANIOY remained flat at $4.96 during midday trading on Friday. The company has a 50-day moving average price of $5.15 and a two-hundred day moving average price of $5.26. The firm has a market cap of $2.47 billion, a PE ratio of 16.54 and a beta of 1.43. Acerinox has a 1 year low of $4.53 and a 1 year high of $5.80.

Acerinox (OTCMKTS:ANIOY - Get Free Report) last issued its quarterly earnings results on Wednesday, July 24th. The company reported $0.13 EPS for the quarter. Acerinox had a net margin of 1.13% and a return on equity of 8.99%. The firm had revenue of $1.40 billion for the quarter. Sell-side analysts expect that Acerinox will post 0.56 earnings per share 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.