Eramet S.A. (OTCMKTS:ERMAY) Short Interest Update

Eramet S.A. (OTCMKTS:ERMAY) saw a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 2,400 shares, an increase of 2,300.0% from the February 28th total of 100 shares. Based on an average daily trading volume, of 1,400 shares, the days-to-cover ratio is currently 1.7 days.

Eramet Price Performance

ERMAY stock opened at $5.97 on Friday. The business has a 50 day simple moving average of $5.93 and a 200-day simple moving average of $6.03. Eramet has a twelve month low of $5.02 and a twelve month high of $12.21.

About Eramet

ERAMET SA operates as a mining and metallurgical company in France, Asia, Europe, North America, and internationally. The company extracts and processes manganese ore and nickel ore; and extracts and develops mineral sands. It also produces ferronickel, nickel pig iron, briquettes, nickel salts, high purity nickel, nickel ferroalloys, and alloy steel and casting; manganese alloys, such as high-carbon ferromanganese, silicomanganese, low and medium-carbon ferromanganese, and low-carbon silicomanganese for use in batteries, pigments, construction, and automotive industries; and mineral sands, such as titanium dioxide, high-purity pig iron, zircon, and ilmenite used in ceramics and pigments.