Eramet S.A. (OTCMKTS:ERMAY) Short Interest Down 80.0% in February

Eramet S.A. (OTCMKTS:ERMAY) was the target of a significant decrease in short interest in February. As of February 28th, there was short interest totalling 100 shares, a decrease of 80.0% from the February 13th total of 500 shares. Based on an average daily volume of 2,400 shares, the days-to-cover ratio is currently 0.0 days.

Eramet Stock Performance

Eramet stock traded down $0.13 during mid-day trading on Wednesday, hitting $6.51. The company had a trading volume of 524 shares, compared to its average volume of 1,489. The business has a fifty day moving average of $5.79 and a 200 day moving average of $6.12. Eramet has a 1 year low of $5.02 and a 1 year high of $12.21.

About Eramet

ERAMET SA operates as a mining and metallurgical company in France, Asia, Europe, North America, and internationally. The company extracts and processes manganese ore and nickel ore; and extracts and develops mineral sands. It also produces ferronickel, nickel pig iron, briquettes, nickel salts, high purity nickel, nickel ferroalloys, and alloy steel and casting; manganese alloys, such as high-carbon ferromanganese, silicomanganese, low and medium-carbon ferromanganese, and low-carbon silicomanganese for use in batteries, pigments, construction, and automotive industries; and mineral sands, such as titanium dioxide, high-purity pig iron, zircon, and ilmenite used in ceramics and pigments.