Algoma Steel Group Inc. (NASDAQ:ASTLW – Get Free Report) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 6,400 shares, a growth of 77.8% from the August 15th total of 3,600 shares. Based on an average daily trading volume, of 50,600 shares, the short-interest ratio is presently 0.1 days.
Algoma Steel Group Stock Performance
Shares of NASDAQ:ASTLW traded up $0.08 during trading on Friday, reaching $1.80. 17,777 shares of the company were exchanged, compared to its average volume of 36,577. The business’s fifty day simple moving average is $1.43 and its 200-day simple moving average is $1.24. Algoma Steel Group has a 12-month low of $0.78 and a 12-month high of $1.97.
About Algoma Steel Group
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