Sherritt International Co. (OTCMKTS:SHERF) Short Interest Up 36.6% in January

Sherritt International Co. (OTCMKTS:SHERF) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totaling 244,659 shares, a growth of 36.6% from the December 31st total of 179,083 shares. Based on an average daily trading volume, of 112,783 shares, the days-to-cover ratio is presently 2.2 days. Based on an average daily trading volume, of 112,783 shares, the days-to-cover ratio is presently 2.2 days.

Sherritt International Stock Down 2.6%

SHERF opened at $0.18 on Tuesday. Sherritt International has a 12-month low of $0.08 and a 12-month high of $0.20. The firm’s fifty day moving average price is $0.15 and its 200 day moving average price is $0.11.

About Sherritt International

Sherritt International Corporation is a Canada‐based resource company specializing in the production and marketing of nickel and cobalt, as well as in the development and operation of oil and gas assets. Founded in 1927, Sherritt has evolved into one of the world’s largest independent producers of these critical battery metals, leveraging hydrometallurgical processing to transform lateritic ores into high‐purity end products for global markets.

The company’s metals segment includes its 50/50 joint venture with General Nickel Company in Cuba (Moa Joint Venture) and a majority interest in the Ambatovy nickel‐cobalt project in Madagascar.