FLSmidth & Co. A/S (OTCMKTS:FLIDF) Sees Significant Increase in Short Interest

FLSmidth & Co. A/S (OTCMKTS:FLIDF) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totalling 16,900 shares, a growth of 428.1% from the March 31st total of 3,200 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 169.0 days.

FLSmidth & Co. A/S Price Performance

OTCMKTS FLIDF opened at $52.00 on Tuesday. The firm’s fifty day moving average price is $51.86 and its two-hundred day moving average price is $51.95. FLSmidth & Co. A/S has a 1 year low of $52.00 and a 1 year high of $52.00.

About FLSmidth & Co. A/S

FLSmidth & Co A/S provides flowsheet technology and service solutions for the mining and cement industries in North America, South America, Europe, North and Sub-Saharan Africa, the Middle East, Central and South Asia, the Asia Pacific, and Australia. It operates in three segments: Mining, Cement, and Non-Core Activities.