Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) Short Interest Update

Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) was the target of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 618,600 shares, a growth of 33.5% from the January 15th total of 463,300 shares. Based on an average trading volume of 62,400 shares, the days-to-cover ratio is currently 9.9 days.

Usinas Siderúrgicas de Minas Gerais Stock Performance

OTCMKTS:USNZY opened at $1.09 on Friday. Usinas Siderúrgicas de Minas Gerais has a 1-year low of $0.82 and a 1-year high of $2.23. The firm’s fifty day moving average price is $0.95 and its 200 day moving average price is $1.08. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.72 and a quick ratio of 2.14. The firm has a market cap of $597.12 million, a price-to-earnings ratio of 7.79, a price-to-earnings-growth ratio of 6.73 and a beta of 1.80.

Usinas Siderúrgicas de Minas Gerais Company Profile

Usinas Siderúrgicas de Minas Gerais SA manufactures and markets flat steel products in Brazil and internationally. The company operates through three segments: Mining and Logistics, Steel Metallurgy, and Steel Transformation. It extracts and process iron ore, such as pellet and sinter feed and, granulated iron ore; provides storage, handling, and road cargo transportation services; and operates highway and railway cargo terminals.