BlueScope Steel Limited (OTCMKTS:BLSFY) Sees Significant Decrease in Short Interest

BlueScope Steel Limited (OTCMKTS:BLSFYGet Free Report) was the target of a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 2 shares, a decline of 98.1% from the June 30th total of 103 shares. Based on an average daily volume of 103 shares, the short-interest ratio is currently 0.0 days.

BlueScope Steel Stock Performance

Shares of BLSFY opened at $106.89 on Friday. The firm has a fifty day simple moving average of $114.40 and a two-hundred day simple moving average of $105.51. BlueScope Steel has a 1-year low of $65.39 and a 1-year high of $121.37.

BlueScope Steel Company Profile

(Get Free Report)

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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