ArcelorMittal South Africa Ltd (OTCMKTS:AMSIY) Sees Large Growth in Short Interest

ArcelorMittal South Africa Ltd (OTCMKTS:AMSIYGet Rating) saw a large increase in short interest during the month of May. As of May 15th, there was short interest totalling 11,000 shares, an increase of 189.5% from the April 30th total of 3,800 shares. Based on an average daily volume of 13,900 shares, the short-interest ratio is presently 0.8 days.

Shares of AMSIY opened at $0.48 on Friday. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.37 and a quick ratio of 0.52. The firm has a fifty day simple moving average of $0.58 and a two-hundred day simple moving average of $0.55. ArcelorMittal South Africa has a twelve month low of $0.27 and a twelve month high of $0.71.

ArcelorMittal South Africa Company Profile (Get Rating)

ArcelorMittal South Africa Ltd manufactures and sells long and flat steel products. The company operates through Steel Operations, Non-Steel Operations, and Other. It offers flat steel products, including hot rolled plates, and hot and cold rolled coils. The company also offers long steel products, commercial coke, and by-products.

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