Short Interest in Acerinox, S.A. (OTCMKTS:ANIOY) Declines By 25.0%

Acerinox, S.A. (OTCMKTS:ANIOY) was the recipient of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 300 shares, a drop of 25.0% from the February 29th total of 400 shares. Based on an average daily volume of 2,100 shares, the days-to-cover ratio is currently 0.1 days.

Acerinox Price Performance

Shares of OTCMKTS ANIOY opened at $5.49 on Friday. Acerinox has a 1-year low of $4.53 and a 1-year high of $5.80. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.29 and a quick ratio of 1.18. The business’s fifty day moving average price is $5.37 and its two-hundred day moving average price is $5.27. The firm has a market capitalization of $2.74 billion, a PE ratio of 6.74 and a beta of 1.47.

Acerinox (OTCMKTS:ANIOY) last issued its quarterly earnings results on Friday, March 1st. The company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.04). The business had revenue of $1.65 billion for the quarter. Acerinox had a net margin of 3.48% and a return on equity of 14.38%. On average, research analysts expect that Acerinox will post 0.77 EPS for the current 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.