BlueScope Steel Limited (OTCMKTS:BLSFY) Short Interest Down 98.1% in July

BlueScope Steel Limited (OTCMKTS:BLSFY) saw a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 2 shares, a decrease of 98.1% from the June 30th total of 103 shares. Based on an average daily volume of 103 shares, the short-interest ratio is currently 0.0 days.

BlueScope Steel Stock Performance

BLSFY remained flat at $106.89 during trading on Friday. The company’s stock had a trading volume of 488 shares, compared to its average volume of 359. The firm’s 50 day simple moving average is $114.39 and its 200 day simple moving average is $105.50. BlueScope Steel has a twelve month low of $65.39 and a twelve month high of $121.37.

BlueScope Steel Company Profile

BlueScope Steel is an integrated steel producer headquartered in Melbourne, Australia, specializing in the manufacture and distribution of flat steel products and building solutions. The company’s core activities span the production of hot-rolled, cold-rolled, coated and painted steel products, as well as the design and supply of prefabricated buildings and steel framing systems. BlueScope serves a diverse customer base that includes construction, manufacturing, automotive, and distribution sectors.

Among its portfolio of branded products are COLORBOND® steel and ZINCALUME® steel, which are widely used in residential, commercial and industrial roofing and cladding applications.