Angang Steel Company Limited (OTCMKTS:ANGGF) Sees Significant Growth in Short Interest

Angang Steel Company Limited (OTCMKTS:ANGGF) was the target of a large increase in short interest in November. As of November 15th, there was short interest totalling 10,564,300 shares, an increase of 60.4% from the October 31st total of 6,586,300 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Angang Steel Stock Performance

Angang Steel stock opened at $0.19 on Friday. The firm’s 50 day moving average price is $0.18 and its 200-day moving average price is $0.18. Angang Steel has a 1 year low of $0.14 and a 1 year high of $0.19.

About Angang Steel

Angang Steel Company Limited engages in the production, processing, and sale of steel products in the People's Republic of China and internationally. Its principal products include hot rolled sheets, medium and thick plates, cold rolled sheets, galvanized steel sheets, color coating plates, cold rolled silicon steel, heavy rails and sections, seamless steel pipes and wire rods, and other products.