Press Metal Aluminium Hldg Bhd (OTCMKTS:PSSMF – Get Free Report) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 1 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.
Press Metal Aluminium Hldg Bhd Price Performance
Shares of OTCMKTS PSSMF remained flat at $0.99 during mid-day trading on Tuesday. The stock has a 50 day moving average price of $0.99 and a 200-day moving average price of $1.00. Press Metal Aluminium Hldg Bhd has a 1-year low of $1.00 and a 1-year high of $1.00.
Press Metal Aluminium Hldg Bhd Company Profile
Press Metal Aluminium Holdings Berhad is a Malaysia-based integrated aluminium producer and the parent company of the Press Metal group. Established in 1986, the company has expanded from aluminium extrusion into primary aluminium smelting and downstream manufacturing.
The group produces primary aluminium products such as ingots, billets, slabs and wire rods, which are used in industries including construction, transportation, electrical and electronics, and consumer products. Its downstream operations manufacture aluminium extrusion products and related fabricated components for industrial and commercial applications.
Press Metal operates major smelting facilities in Sarawak, Malaysia, supported by access to hydroelectric power, as well as downstream manufacturing activities in Malaysia and other regional markets.
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