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

Acerinox, S.A. (OTCMKTS:ANIOY) was the recipient of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 3,400 shares, a drop of 10.5% from the November 15th total of 3,800 shares. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is presently 5.7 days.

Acerinox Price Performance

Shares of ANIOY stock traded down $0.11 during midday trading on Monday, hitting $5.02. The company had a trading volume of 200 shares, compared to its average volume of 2,565. The company’s 50 day simple moving average is $4.90 and its 200 day simple moving average is $5.09. Acerinox has a 52-week low of $4.45 and a 52-week high of $5.80. The stock has a market cap of $2.50 billion, a price-to-earnings ratio of 62.75 and a beta of 1.44.

Acerinox (OTCMKTS:ANIOY) last posted its quarterly earnings results on Tuesday, October 29th. The company reported $0.10 earnings per share (EPS) for the quarter. Acerinox had a return on equity of 8.11% and a net margin of 0.79%. The firm had revenue of $1.44 billion during the quarter. Analysts anticipate that Acerinox will post 0.6 EPS 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.