Acerinox, S.A. (OTCMKTS:ANIOY) Sees Large Growth in Short Interest

Acerinox, S.A. (OTCMKTS:ANIOY) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 4,100 shares, a growth of 28.1% from the December 31st total of 3,200 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 41.0 days.

Acerinox Price Performance

Shares of OTCMKTS ANIOY opened at $5.10 on Friday. Acerinox has a 1 year low of $4.45 and a 1 year high of $5.70. The firm has a 50-day simple moving average of $4.96 and a two-hundred day simple moving average of $5.01. The company has a market cap of $2.54 billion, a P/E ratio of 12.14 and a beta of 1.43. 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 (OTCMKTS:ANIOY) last issued its quarterly earnings results on Tuesday, October 29th. The company reported $0.10 earnings per share (EPS) for the quarter. The firm had revenue of $1.44 billion during the quarter. Acerinox had a return on equity of 7.94% and a net margin of 0.79%. Research analysts anticipate that Acerinox will post 0.48 earnings per share for the current year.

Acerinox Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, February 10th. Investors of record on Thursday, January 23rd will be paid a $0.0983 dividend. The ex-dividend date is Thursday, January 23rd. Acerinox’s dividend payout ratio is presently 250.03%.

Acerinox Company Profile

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.