Acerinox, S.A. (OTCMKTS:ANIOY) Short Interest Up 1,466.7% in April

Acerinox, S.A. (OTCMKTS:ANIOY) saw a significant increase in short interest in April. As of April 15th, there was short interest totalling 4,700 shares, an increase of 1,466.7% from the March 31st total of 300 shares. Based on an average daily trading volume, of 1,900 shares, the short-interest ratio is presently 2.5 days.

Acerinox Price Performance

ANIOY stock opened at $5.70 on Friday. The company’s 50 day simple moving average is $5.47 and its 200-day simple moving average is $5.37. The firm has a market capitalization of $2.84 billion, a PE ratio of 12.13 and a beta of 1.48. Acerinox has a 12 month low of $4.53 and a 12 month high of $5.80. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.27 and a quick ratio of 1.29.

Acerinox (OTCMKTS:ANIOY) last released its quarterly earnings results on Friday, March 1st. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.04). The business had revenue of $1.65 billion during the quarter. Acerinox had a net margin of 3.48% and a return on equity of 14.98%. Equities analysts expect that Acerinox will post 0.77 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.