Acerinox, S.A. (OTCMKTS:ANIOY) Sees Large Increase in Short Interest

Acerinox, S.A. (OTCMKTS:ANIOY) saw a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 3,800 shares, a growth of 5.6% from the October 31st total of 3,600 shares. Based on an average daily volume of 3,100 shares, the short-interest ratio is currently 1.2 days.

Acerinox Stock Performance

ANIOY opened at $5.00 on Wednesday. The company has a 50-day moving average of $4.94 and a 200-day moving average of $5.11. The company has a market capitalization of $2.49 billion, a P/E ratio of 62.51 and a beta of 1.44. Acerinox has a 1-year low of $4.45 and a 1-year high of $5.80.

Acerinox (OTCMKTS:ANIOY) last announced its quarterly earnings data on Tuesday, October 29th. The company reported $0.10 earnings per share for the quarter. Acerinox had a net margin of 0.79% and a return on equity of 8.11%. The business had revenue of $1.44 billion during the quarter. As a group, sell-side analysts expect that Acerinox will post 0.6 earnings per share for the current fiscal year.

Acerinox Company Profile

Acerinox, SA, together with its subsidiaries, manufactures, process, and markets stainless steel products in Spain, the United States, Africa, Asia, Rest of Europe, and internationally. It operates through Stainless steel, and High-performance Alloys segments. The company offers flat products, including hot and cold rolled coils and sheets, strips, flat bars, and discs, as well as engraved coil and sheet, black coil, slabs, circles, billets, and plates.