BlueScope Steel Limited (OTCMKTS:BLSFY – Get Free Report) was the target of a significant drop in short interest in May. As of May 15th, there was short interest totaling 2 shares, a drop of 99.2% from the April 30th total of 246 shares. Based on an average daily trading volume, of 140 shares, the days-to-cover ratio is currently 0.0 days.
BlueScope Steel Price Performance
Shares of BLSFY stock opened at $111.72 on Thursday. The stock has a 50-day simple moving average of $102.27 and a 200 day simple moving average of $94.36. BlueScope Steel has a fifty-two week low of $65.39 and a fifty-two week high of $113.30.
About BlueScope Steel
BlueScope Steel is an integrated steel producer headquartered in Melbourne, Australia, specializing in the manufacture and distribution of flat steel products and building solutions. The company’s core activities span the production of hot-rolled, cold-rolled, coated and painted steel products, as well as the design and supply of prefabricated buildings and steel framing systems. BlueScope serves a diverse customer base that includes construction, manufacturing, automotive, and distribution sectors.
Among its portfolio of branded products are COLORBOND® steel and ZINCALUME® steel, which are widely used in residential, commercial and industrial roofing and cladding applications.
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