Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) Short Interest Update

Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY - Get Free Report) was the target of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 832,200 shares, a growth of 37.2% from the October 31st total of 606,700 shares. Based on an average trading volume of 516,900 shares, the short-interest ratio is currently 1.6 days.

Usinas Siderúrgicas de Minas Gerais Stock Down 4.4 %

Shares of USNZY stock traded down $0.05 on Friday, hitting $1.09. 3,800 shares of the stock were exchanged, compared to its average volume of 250,706. The company has a quick ratio of 2.09, a current ratio of 3.55 and a debt-to-equity ratio of 0.25. Usinas Siderúrgicas de Minas Gerais has a one year low of $1.00 and a one year high of $2.23. The firm's 50 day moving average is $1.15 and its two-hundred day moving average is $1.27.

Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZY - Get Free Report) last released its earnings results on Friday, October 25th. The basic materials company reported $0.02 EPS for the quarter, topping the consensus estimate of $0.01 by $0.01. Usinas Siderúrgicas de Minas Gerais had a return on equity of 3.38% and a net margin of 3.56%. The business had revenue of $1.23 billion for the quarter. On average, equities analysts expect that Usinas Siderúrgicas de Minas Gerais will post 0.02 earnings per share for the current year.

Usinas Siderúrgicas de Minas Gerais Company Profile

Usinas Siderúrgicas de Minas Gerais SA manufactures and markets flat steel products in Brazil and internationally. The company operates through three segments: Mining and Logistics, Steel Metallurgy, and Steel Transformation. It extracts and process iron ore, such as pellet and sinter feed and, granulated iron ore; provides storage, handling, and road cargo transportation services; and operates highway and railway cargo terminals.