Short Interest in Algoma Central Co. (OTCMKTS:AGMJF) Grows By 7.4%

Algoma Central Co. (OTCMKTS:AGMJFGet Free Report) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 2,900 shares, an increase of 7.4% from the May 31st total of 2,700 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is presently 14.5 days.

Algoma Central Stock Performance

Shares of AGMJF stock opened at $10.33 on Tuesday. Algoma Central has a one year low of $10.30 and a one year high of $11.50. The firm’s 50 day moving average price is $10.49 and its 200-day moving average price is $10.83.

Algoma Central Company Profile

(Get Free Report)

Algoma Central Corporation owns and operates a fleet of dry and liquid bulk carriers activities in Canada. The company operates through Domestic Dry-Bulk, Product Tankers, Ocean Self-Unloaders, Global Short Sea Shipping, and Investment Properties segments. The company operates dry-bulk carriers for industrial sectors, including producers in iron and steel, aggregate, cement and building materials, and salt producers as well as, agricultural product distributors.

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