Acerinox, S.A. (OTCMKTS:ANIOY) Short Interest Down 90.2% in January

Acerinox, S.A. (OTCMKTS:ANIOY) saw a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 400 shares, a decrease of 90.2% from the January 15th total of 4,100 shares. Based on an average daily trading volume, of 1,100 shares, the days-to-cover ratio is presently 0.4 days.

Acerinox Stock Performance

Shares of ANIOY stock opened at $5.21 on Friday. The company has a quick ratio of 1.37, a current ratio of 2.25 and a debt-to-equity ratio of 0.53. The business has a fifty day simple moving average of $4.98 and a 200-day simple moving average of $5.00. Acerinox has a fifty-two week low of $4.45 and a fifty-two week high of $5.70. The stock has a market cap of $2.60 billion, a P/E ratio of 65.13 and a beta of 1.44.

Acerinox Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, February 10th. Stockholders of record on Thursday, January 23rd were paid a dividend of $0.0983 per share. The ex-dividend date was Thursday, January 23rd. Acerinox’s dividend payout ratio (DPR) is 237.50%.

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.