Salzgitter AG (OTCMKTS:SZGPY) Short Interest Update

Salzgitter AG (OTCMKTS:SZGPY) was the target of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 8,600 shares, a growth of 68.6% from the October 31st total of 5,100 shares. Based on an average trading volume of 18,900 shares, the days-to-cover ratio is currently 0.5 days.

Salzgitter Stock Performance

SZGPY stock remained flat at $1.77 on Thursday. Salzgitter has a twelve month low of $1.40 and a twelve month high of $3.16. The business’s 50 day moving average price is $1.72 and its two-hundred day moving average price is $1.85.

About Salzgitter

Salzgitter AG, together with its subsidiaries, engages in steel and technology businesses worldwide. It operates through four segments: Steel Production, Steel Processing, Trading, and Technology. The Steel Production segment manufactures steel and special steels, such as hot-rolled wide strip, steel sheet, sections, tailored blanks, as well as scrap trading.