Short Interest in Russel Metals Inc. (OTCMKTS:RUSMF) Expands By 25.0%

Russel Metals Inc. (OTCMKTS:RUSMF) was the recipient of a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 447,100 shares, a growth of 25.0% from the January 31st total of 357,800 shares. Based on an average trading volume of 16,500 shares, the short-interest ratio is presently 27.1 days.

Russel Metals Trading Down 3.7 %

Russel Metals stock traded down $1.07 during trading hours on Wednesday, hitting $27.47. The stock had a trading volume of 16,994 shares, compared to its average volume of 15,933. Russel Metals has a fifty-two week low of $25.32 and a fifty-two week high of $33.05. The company has a 50-day moving average of $28.93 and a two-hundred day moving average of $29.36.

Russel Metals Company Profile

Russel Metals Inc operates as a metal distribution and processing company in Canada and the United States. It operates in three segments: Metals Service Centers, Energy Field Stores, and Steel Distribution. The Metal Service Centers segment operates a network of metals service centers, which provide metal products in range of sizes, shapes, and specifications, including carbon hot rolled and cold finished steel, pipe and tubular, stainless steel, aluminum, and other non-ferrous specialty metal products.