Acerinox, S.A. (OTCMKTS:ANIOY) Short Interest Up 1,466.7% in April

Acerinox, S.A. (OTCMKTS:ANIOY) was the recipient of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 4,700 shares, a growth of 1,466.7% from the March 31st total of 300 shares. Based on an average trading volume of 1,900 shares, the short-interest ratio is currently 2.5 days.

Acerinox Price Performance

OTCMKTS:ANIOY opened at $5.70 on Friday. Acerinox has a 52 week low of $4.53 and a 52 week high of $5.80. The company has a quick ratio of 1.29, a current ratio of 2.27 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $2.84 billion, a PE ratio of 12.13 and a beta of 1.48. The stock’s 50-day moving average price is $5.47 and its 200-day moving average price is $5.37.

Acerinox (OTCMKTS:ANIOY) last posted its earnings results on Friday, March 1st. The company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.04). Acerinox had a net margin of 3.48% and a return on equity of 14.98%. The business had revenue of $1.65 billion for the quarter. As a group, equities analysts expect that Acerinox will post 0.77 EPS for the current fiscal year.

Acerinox Company Profile

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.