Eregli Demir ve Çelik Fabrikalari T.A.S. (OTCMKTS:ERELY) Short Interest Up 212.5% in July

Eregli Demir ve Çelik Fabrikalari T.A.S. (OTCMKTS:ERELY) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 25 shares, an increase of 212.5% from the July 15th total of 8 shares. Based on an average daily trading volume, of 4 shares, the days-to-cover ratio is currently 6.2 days.

Eregli Demir ve Çelik Fabrikalari T.A.S. Price Performance

Shares of Eregli Demir ve Çelik Fabrikalari T.A.S. stock remained flat at $9.00 during trading on Friday. The company’s 50-day simple moving average is $9.01 and its two-hundred day simple moving average is $7.39. Eregli Demir ve Çelik Fabrikalari T.A.S. has a 12-month low of $4.96 and a 12-month high of $9.18.

Eregli Demir ve Çelik Fabrikalari T.A.S. Company Profile

Eregli Demir ve Çelik Fabrikalari T.A.S., together with its subsidiaries, produces and sells iron and steel rolled products, alloyed and non-alloyed iron, steel and pig iron castings, cast and pressed products, coke, and by-products in Turkey and internationally. Its flat products include hot rolled flat steel products, cold-rolled flat steel products, and galvanized/galvanealed flat steel products; and tin/chrome coated flat steel products used in metal packaging industry. The company also provides various byproducts, including motor benzole, pure benzole, toluol, xylol, crude tar, ammonium sulphate, iron sulphate, and granulated high furnace slag.