Danieli & C. Officine Meccaniche S.p.A. (OTCMKTS:DNIEF – Get Free Report) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 16,070 shares, an increase of 47.4% from the August 31st total of 10,906 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.
Danieli & C. Officine Meccaniche Stock Performance
DNIEF remained flat at $20.08 on Thursday. Danieli & C. Officine Meccaniche has a fifty-two week low of $19.95 and a fifty-two week high of $20.70. The company has a fifty day simple moving average of $20.08 and a two-hundred day simple moving average of $20.08.
About Danieli & C. Officine Meccaniche
Danieli & C. Officine Meccaniche S.p.A. is an Italian engineering and manufacturing company that designs and supplies equipment and complete production plants for the global iron and steel industry. Headquartered in Buttrio, Italy, the company serves steel producers and industrial customers in Europe, the Americas, Asia, the Middle East and other international markets.
Its products and services cover much of the steelmaking process, including electric-arc furnaces and other melting equipment, continuous casting machines, rolling mills, reheating furnaces, treatment and finishing lines, material-handling systems, and plant automation.
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