Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) Sees Large Decrease in Short Interest

Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY - Get Free Report) was the recipient of a significant decrease in short interest in February. As of February 15th, there was short interest totalling 114,400 shares, a decrease of 81.5% from the January 31st total of 618,600 shares. Based on an average trading volume of 95,400 shares, the days-to-cover ratio is presently 1.2 days.

Usinas Siderúrgicas de Minas Gerais Price Performance

Shares of OTCMKTS:USNZY traded down $0.02 on Monday, hitting $1.01. The stock had a trading volume of 20,700 shares, compared to its average volume of 45,550. The firm's 50 day moving average price is $0.96 and its 200-day moving average price is $1.07. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.14 and a current ratio of 3.72. Usinas Siderúrgicas de Minas Gerais has a twelve month low of $0.82 and a twelve month high of $2.23. The company has a market capitalization of $553.30 million, a price-to-earnings ratio of -50.50, a price-to-earnings-growth ratio of 6.54 and a beta of 1.80.

About Usinas Siderúrgicas de Minas Gerais

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.