Short Interest in Acerinox, S.A. (OTCMKTS:ANIOY) Expands By 66.7%

Acerinox, S.A. (OTCMKTS:ANIOY) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totalling 1,500 shares, a growth of 66.7% from the September 15th total of 900 shares. Based on an average trading volume of 1,100 shares, the days-to-cover ratio is presently 1.4 days.

Acerinox Stock Performance

Shares of OTCMKTS ANIOY opened at $5.05 on Friday. The firm has a 50 day moving average price of $5.15 and a two-hundred day moving average price of $5.29. The stock has a market cap of $2.52 billion, a P/E ratio of 38.85 and a beta of 1.43. Acerinox has a 52-week low of $4.53 and a 52-week high of $5.80.

Acerinox (OTCMKTS:ANIOY) last posted its quarterly earnings data on Wednesday, July 24th. The company reported $0.13 earnings per share for the quarter. The business had revenue of $1.40 billion during the quarter. Acerinox had a return on equity of 8.99% and a net margin of 1.13%. Analysts predict 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.