Danieli & C. Officine Meccaniche S.p.A. (OTCMKTS:DNIYY) Short Interest Up 200.0% in July

Danieli & C. Officine Meccaniche S.p.A. (OTCMKTS:DNIYY) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totalling 300 shares, a growth of 200.0% from the June 30th total of 100 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 3.0 days.

Danieli & C. Officine Meccaniche Stock Performance

Shares of OTCMKTS DNIYY opened at $33.48 on Thursday. The company has a 50 day simple moving average of $30.20 and a 200-day simple moving average of $29.50. Danieli & C. Officine Meccaniche has a 1 year low of $31.41 and a 1 year high of $34.48.

Danieli & C. Officine Meccaniche Company Profile

Danieli & C. Officine Meccaniche S.p.A. designs, builds, and sells plants for the iron and steel industry in Europe, Russia, the Middle East, the Americas, and South East Asia. It operates through two segments, Plant Making and Steel Making. The company designs and builds plants for various process areas, including mines; pellet production plants; blast furnaces; direct reduction; scrap shredders; steelworks for production of liquid steel; and continuous casting for blooms and billets, slabs, and thin slabs.