Short Interest in Acerinox, S.A. (OTCMKTS:ANIOY) Drops By 90.2%

Acerinox, S.A. (OTCMKTS:ANIOY) saw a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 400 shares, a decrease of 90.2% from the January 15th total of 4,100 shares. Based on an average daily trading volume, of 1,100 shares, the days-to-cover ratio is presently 0.4 days.

Acerinox Price Performance

Shares of ANIOY stock traded up $0.16 during midday trading on Wednesday, reaching $5.21. 1,108 shares of the company traded hands, compared to its average volume of 300. The firm’s 50 day simple moving average is $4.97 and its two-hundred day simple moving average is $5.00. The firm has a market cap of $2.60 billion, a PE ratio of 65.13 and a beta of 1.44. Acerinox has a 1-year low of $4.45 and a 1-year high of $5.70. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.25 and a quick ratio of 1.37.

Acerinox Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, February 10th. Stockholders of record on Thursday, January 23rd were given a $0.0983 dividend. The ex-dividend date was Thursday, January 23rd. Acerinox’s dividend payout ratio is currently 250.03%.

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.