Acerinox, S.A. (OTCMKTS:ANIOY) Short Interest Down 10.5% in November

Acerinox, S.A. (OTCMKTS:ANIOY) was the recipient of a significant decrease in short interest during the month of November. As of November 30th, there was short interest totalling 3,400 shares, a decrease of 10.5% from the November 15th total of 3,800 shares. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is presently 5.7 days.

Acerinox Stock Down 2.1 %

Acerinox stock opened at $5.02 on Friday. Acerinox has a 52 week low of $4.45 and a 52 week high of $5.80. The firm has a market cap of $2.50 billion, a price-to-earnings ratio of 62.75 and a beta of 1.44. The business’s 50-day moving average price is $4.90 and its 200 day moving average price is $5.09.

Acerinox (OTCMKTS:ANIOY) last issued its quarterly earnings data on Tuesday, October 29th. The company reported $0.10 EPS for the quarter. Acerinox had a net margin of 0.79% and a return on equity of 8.11%. The business had revenue of $1.44 billion for the quarter. Equities analysts expect that Acerinox will post 0.6 EPS for the current year.

About Acerinox

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.