Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) Short Interest Update

Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) saw a large increase in short interest in January. As of January 15th, there was short interest totalling 377,400 shares, an increase of 347.7% from the December 31st total of 84,300 shares. Based on an average trading volume of 244,600 shares, the short-interest ratio is presently 1.5 days.

Usinas Siderúrgicas de Minas Gerais Price Performance

OTCMKTS USNZY traded down $0.03 on Tuesday, hitting $0.93. 536 shares of the stock traded hands, compared to its average volume of 29,970. The stock has a 50-day moving average of $0.97 and a 200 day moving average of $1.12. The company has a current ratio of 3.72, a quick ratio of 2.14 and a debt-to-equity ratio of 0.27. Usinas Siderúrgicas de Minas Gerais has a twelve month low of $0.82 and a twelve month high of $2.23.

Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZY) last issued its earnings results on Friday, October 25th. The basic materials company reported $0.02 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.01. Usinas Siderúrgicas de Minas Gerais had a net margin of 3.56% and a return on equity of 3.52%. The company had revenue of $1.23 billion for the quarter. Equities research analysts expect that Usinas Siderúrgicas de Minas Gerais will post 0.05 EPS for the current year.

About Usinas Siderúrgicas de Minas Gerais

Usinas Siderúrgicas de Minas Gerais SA manufactures and markets flat steel products in Brazil and internationally. The company operates through three segments: Mining and Logistics, Steel Metallurgy, and Steel Transformation. It extracts and process iron ore, such as pellet and sinter feed and, granulated iron ore; provides storage, handling, and road cargo transportation services; and operates highway and railway cargo terminals.