Sherritt International Co. (OTCMKTS:SHERF) Short Interest Down 58.7% in December

Sherritt International Co. (OTCMKTS:SHERF) saw a significant decrease in short interest in December. As of December 31st, there was short interest totaling 179,083 shares, a decrease of 58.7% from the December 15th total of 434,122 shares. Based on an average daily trading volume, of 68,308 shares, the days-to-cover ratio is currently 2.6 days. Based on an average daily trading volume, of 68,308 shares, the days-to-cover ratio is currently 2.6 days.

Sherritt International Price Performance

Sherritt International stock opened at $0.20 on Friday. Sherritt International has a fifty-two week low of $0.08 and a fifty-two week high of $0.20. The firm’s 50 day simple moving average is $0.13 and its 200-day simple moving average is $0.11.

About Sherritt International

Sherritt International Corporation is a Canada‐based resource company specializing in the production and marketing of nickel and cobalt, as well as in the development and operation of oil and gas assets. Founded in 1927, Sherritt has evolved into one of the world’s largest independent producers of these critical battery metals, leveraging hydrometallurgical processing to transform lateritic ores into high‐purity end products for global markets.

The company’s metals segment includes its 50/50 joint venture with General Nickel Company in Cuba (Moa Joint Venture) and a majority interest in the Ambatovy nickel‐cobalt project in Madagascar.