ArcelorMittal South Africa Ltd (OTCMKTS:AMSIY) Sees Significant Increase in Short Interest

ArcelorMittal South Africa Ltd (OTCMKTS:AMSIYGet Rating) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 4,500 shares, a growth of 32.4% from the March 31st total of 3,400 shares. Based on an average trading volume of 2,200 shares, the short-interest ratio is presently 2.0 days.

Shares of AMSIY opened at $0.56 on Monday. ArcelorMittal South Africa has a 12 month low of $0.22 and a 12 month high of $0.71. The firm’s 50 day moving average is $0.61 and its 200-day moving average is $0.54. The company has a quick ratio of 0.52, a current ratio of 1.37 and a debt-to-equity ratio of 0.42.

ArcelorMittal South Africa Company Profile (Get Rating)

ArcelorMittal South Africa Ltd, together with its subsidiaries, manufactures and sells long and flat steel products. The company operates through Flat Steel Products, Long Steel Products, and Coke and Chemicals segments. It offers flat steel products, including hot rolled plates, hot and cold rolled coils, galvanized coils, color coils, electrogalvanized coils, and tinplate coils.

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