Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) Short Interest Down 13.4% in February

Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) was the recipient of a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 99,100 shares, a decrease of 13.4% from the February 13th total of 114,400 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 113,300 shares, the short-interest ratio is presently 0.9 days.

Usinas Siderúrgicas de Minas Gerais Price Performance

Shares of USNZY stock opened at $1.05 on Thursday. The stock’s 50-day simple moving average is $0.98 and its 200-day simple moving average is $1.05. The firm has a market capitalization of $575.21 million, a price-to-earnings ratio of -52.50, a PEG ratio of 6.54 and a beta of 1.77. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.14 and a current ratio of 3.72. Usinas Siderúrgicas de Minas Gerais has a fifty-two week low of $0.82 and a fifty-two week high of $2.10.

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.