Maanshan Iron & Steel Company Limited (OTCMKTS:MAANF) Short Interest Update

Maanshan Iron & Steel Company Limited (OTCMKTS:MAANF) saw a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 6,574,000 shares, a growth of 17,200.0% from the December 31st total of 38,000 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is currently 21,913.3 days.

Maanshan Iron & Steel Stock Performance

OTCMKTS:MAANF opened at $0.18 on Thursday. Maanshan Iron & Steel has a fifty-two week low of $0.10 and a fifty-two week high of $0.22. The firm has a 50-day simple moving average of $0.17 and a two-hundred day simple moving average of $0.15.

About Maanshan Iron & Steel

Maanshan Iron & Steel Company Limited, together with its subsidiaries, manufactures and sells iron and steel products, and related by-products in Mainland China, Hong Kong, and internationally. The company offers steel plates, including hot and cold-rolled thin plates, galvanized plates, coil-coating plates, and medium plates; section steel products, such as H-shaped steel and medium-shaped steel; high-speed wire rod and hot-rolled reinforcing steel products; and train wheels and wheel rims.