Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) Short Interest Up 347.7% in January

Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totalling 377,400 shares, a growth of 347.7% from the December 31st total of 84,300 shares. Based on an average trading volume of 244,600 shares, the short-interest ratio is presently 1.5 days.

Usinas Siderúrgicas de Minas Gerais Stock Performance

Shares of USNZY stock traded up $0.04 on Wednesday, reaching $0.97. The company had a trading volume of 115,460 shares, compared to its average volume of 29,970. Usinas Siderúrgicas de Minas Gerais has a one year low of $0.82 and a one year high of $2.23. The company has a quick ratio of 2.14, a current ratio of 3.72 and a debt-to-equity ratio of 0.27. The business’s 50-day moving average is $0.97 and its 200 day moving average is $1.11.

Usinas Siderúrgicas de Minas Gerais Company Profile

Usinas Siderúrgicas de Minas Gerais SA manufactures and markets flat steel products in Brazil and internationally. The company operates through three segments: Mining and Logistics, Steel Metallurgy, and Steel Transformation. It extracts and process iron ore, such as pellet and sinter feed and, granulated iron ore; provides storage, handling, and road cargo transportation services; and operates highway and railway cargo terminals.