FLSmidth & Co. A/S (OTCMKTS:FLIDF) Sees Significant Decrease in Short Interest

FLSmidth & Co. A/S (OTCMKTS:FLIDF) was the target of a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 243,400 shares, a decrease of 7.3% from the September 30th total of 262,500 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

FLSmidth & Co. A/S Price Performance

Shares of FLIDF stock remained flat at $52.00 during trading hours on Thursday. The business has a 50-day moving average of $52.00 and a 200-day moving average of $52.00. FLSmidth & Co. A/S has a 12-month low of $52.00 and a 12-month high of $52.00.

About FLSmidth & Co. A/S

FLSmidth & Co A/S provides flowsheet technology and service solutions for the mining and cement industries in North America, South America, Europe, North and Sub-Saharan Africa, the Middle East, Central and South Asia, the Asia Pacific, and Australia. It operates in three segments: Mining, Cement, and Non-Core Activities.