Short Interest in Aperam S.A. (OTCMKTS:APEMY) Decreases By 68.5%

Aperam S.A. (OTCMKTS:APEMY) was the recipient of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 1,700 shares, a decline of 68.5% from the February 28th total of 5,400 shares. Based on an average trading volume of 1,600 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.0% of the company’s shares are sold short.

Aperam Stock Performance

OTCMKTS:APEMY opened at $33.45 on Friday. The company has a quick ratio of 0.56, a current ratio of 2.82 and a debt-to-equity ratio of 0.15. Aperam has a twelve month low of $25.18 and a twelve month high of $35.75. The stock has a market cap of $2.45 billion, a P/E ratio of 9.67 and a beta of 1.65. The firm’s fifty day simple moving average is $30.51 and its 200 day simple moving average is $28.88.

Aperam (OTCMKTS:APEMY) last issued its quarterly earnings results on Friday, February 7th. The company reported $0.18 earnings per share for the quarter. Aperam had a return on equity of 2.02% and a net margin of 3.73%. As a group, research analysts predict that Aperam will post 2.84 EPS for the current year.

Aperam Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Friday, February 28th were issued a $0.5224 dividend. This is a positive change from Aperam’s previous quarterly dividend of $0.46. The ex-dividend date was Friday, February 28th. This represents a $2.09 dividend on an annualized basis and a dividend yield of 6.25%. Aperam’s dividend payout ratio (DPR) is presently 51.16%.

About Aperam

Aperam SA, together with its subsidiaries, produces and sells stainless and specialty steel products worldwide. It operates through four segments: Stainless & Electrical Steel; Services & Solutions; Alloys & Specialties; and Recycling & Renewables. The company offers a range of stainless steel products, including grain oriented and non-grain oriented electrical steel products, and specialty alloys.