Kobe Steel, Ltd. (OTCMKTS:KBSTF) Short Interest Down 6.4% in July

Kobe Steel, Ltd. (OTCMKTS:KBSTF) was the recipient of a significant decline in short interest in the month of July. As of July 31st, there was short interest totalling 1,343,400 shares, a decline of 6.4% from the July 15th total of 1,434,800 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Kobe Steel Price Performance

KBSTF stock opened at $12.50 on Wednesday. The company has a fifty day moving average price of $12.58 and a two-hundred day moving average price of $12.93. Kobe Steel has a one year low of $9.42 and a one year high of $14.45.

Kobe Steel Company Profile

Kobe Steel, Ltd. engages in the materials, machinery, and electric power businesses worldwide. The company offers steel sheet products, including high-tensile strength, hot and cold rolled, electro-galvanized, and hot-dipped galvanized steel sheets; steel wire rods and bars; and aluminum and steel plates.