Angang Steel Company Limited (OTCMKTS:ANGGF) Sees Significant Increase in Short Interest

Angang Steel Company Limited (OTCMKTS:ANGGF) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 5,496,200 shares, anincreaseof211.9% from the July 15th total of 1,762,200 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Angang Steel Stock Performance

OTCMKTS:ANGGF opened at $0.17 on Monday. Angang Steel has a 52 week low of $0.14 and a 52 week high of $0.22. The firm has a 50-day moving average price of $0.17 and a two-hundred day moving average price of $0.17.

About Angang Steel

Angang Steel Company Limited engages in the production, processing, and sale of steel products in the People's Republic of China and internationally. Its principal products include hot rolled sheets, medium and thick plates, cold rolled sheets, galvanized steel sheets, color coating plates, cold rolled silicon steel, heavy rails and sections, seamless steel pipes and wire rods, and other products.