FLSmidth & Co. A/S (OTCMKTS:FLIDF) Sees Significant Decline in Short Interest

FLSmidth & Co. A/S (OTCMKTS:FLIDF) was the recipient of a large decrease in short interest in the month of March. As of March 31st, there was short interest totalling 3,200 shares, a decrease of 56.2% from the March 15th total of 7,300 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

FLSmidth & Co. A/S Price Performance

FLSmidth & Co. A/S stock remained flat at $52.00 during mid-day trading on Friday. FLSmidth & Co. A/S has a one year low of $52.00 and a one year high of $52.00. The stock’s fifty day moving average price is $51.86 and its 200 day moving average price is $51.95.

About FLSmidth & Co. A/S

FLSmidth & Co A/S provides flowsheet technology and service solutions for the mining and cement industries in North America, South America, Europe, North and Sub-Saharan Africa, the Middle East, Central and South Asia, the Asia Pacific, and Australia. It operates in three segments: Mining, Cement, and Non-Core Activities.