BlueScope Steel Limited (OTCMKTS:BLSFY) Short Interest Up 5,050.0% in June

BlueScope Steel Limited (OTCMKTS:BLSFY) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 103 shares, a growth of 5,050.0% from the June 15th total of 2 shares. Based on an average daily trading volume, of 97 shares, the days-to-cover ratio is currently 1.1 days.

BlueScope Steel Stock Performance

Shares of OTCMKTS:BLSFY remained flat at $111.72 during midday trading on Friday. 34 shares of the stock were exchanged, compared to its average volume of 356. The business has a 50 day moving average price of $113.55 and a 200 day moving average price of $103.32. BlueScope Steel has a one year low of $65.39 and a one year high of $121.37.

BlueScope Steel Company Profile

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.