Acerinox, S.A. (OTCMKTS:ANIOY) Short Interest Update

Acerinox, S.A. (OTCMKTS:ANIOY) was the target of a large drop in short interest in January. As of January 31st, there was short interest totalling 400 shares, a drop of 90.2% from the January 15th total of 4,100 shares. Based on an average daily volume of 1,100 shares, the days-to-cover ratio is currently 0.4 days.

Acerinox Stock Up 3.2 %

Shares of Acerinox stock traded up $0.16 during trading on Wednesday, hitting $5.21. 1,108 shares of the stock were exchanged, compared to its average volume of 300. Acerinox has a 12-month low of $4.45 and a 12-month high of $5.70. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.25 and a quick ratio of 1.37. The stock has a market cap of $2.60 billion, a price-to-earnings ratio of 65.13 and a beta of 1.44. The firm’s 50-day moving average price is $4.97 and its 200 day moving average price is $5.00.

Acerinox Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, February 10th. Stockholders of record on Thursday, January 23rd were given a dividend of $0.0983 per share. The ex-dividend date of this dividend was Thursday, January 23rd. Acerinox’s dividend payout ratio (DPR) is currently 250.03%.

Acerinox Company Profile

Acerinox, SA, together with its subsidiaries, manufactures, process, and markets stainless steel products in Spain, the United States, Africa, Asia, Rest of Europe, and internationally. It operates through Stainless steel, and High-performance Alloys segments. The company offers flat products, including hot and cold rolled coils and sheets, strips, flat bars, and discs, as well as engraved coil and sheet, black coil, slabs, circles, billets, and plates.