Acerinox, S.A. (OTCMKTS:ANIOY) Short Interest Update

Acerinox, S.A. (OTCMKTS:ANIOY) was the target of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 3,600 shares, a growth of 80.0% from the October 15th total of 2,000 shares. Based on an average daily volume of 3,400 shares, the days-to-cover ratio is currently 1.1 days.

Acerinox Price Performance

ANIOY opened at $4.65 on Thursday. Acerinox has a 52-week low of $4.45 and a 52-week high of $5.80. The company has a 50 day moving average of $5.01 and a two-hundred day moving average of $5.17. The company has a market cap of $2.32 billion, a P/E ratio of 58.13 and a beta of 1.45.

Acerinox (OTCMKTS:ANIOY) last announced its quarterly earnings results on Tuesday, October 29th. The company reported $0.10 earnings per share for the quarter. Acerinox had a net margin of 0.79% and a return on equity of 8.11%. The firm had revenue of $1.44 billion during the quarter. Research analysts anticipate that Acerinox will post 0.56 earnings per share for the current 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.