Algoma Steel Group Inc. (NASDAQ:ASTLW) Short Interest Up 600.0% in September

Algoma Steel Group Inc. (NASDAQ:ASTLW) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totalling 700 shares, a growth of 600.0% from the September 15th total of 100 shares. Based on an average daily trading volume, of 40,900 shares, the days-to-cover ratio is presently 0.0 days.

Algoma Steel Group Stock Up 4.4 %

Shares of Algoma Steel Group stock traded up $0.07 on Friday, hitting $1.65. The company had a trading volume of 35,985 shares, compared to its average volume of 34,892. Algoma Steel Group has a twelve month low of $0.78 and a twelve month high of $1.97. The stock has a 50-day moving average of $1.66 and a 200-day moving average of $1.31.

About Algoma Steel Group

Algoma Steel Group Inc produces and sells steel products primarily in North America. The company provides flat/sheet steel products, including temper rolling, cold rolled, hot-rolled pickled and oiled products, floor plate, and cut-to-length products for the automotive industry, hollow structural product manufacturers, and the light manufacturing and transportation industries; and plate steel products that consist of rolled, hot-rolled, and heat-treated for use in the construction or manufacture of railcars, buildings, bridges, off-highway equipment, storage tanks, ships, and military applications.