Eregli Demir ve Çelik Fabrikalari T.A.S. (OTCMKTS:ERELY) Shares Shorted: Short Interest Up 304.0% in September

Eregli Demir ve Çelik Fabrikalari T.A.S. (OTCMKTS:ERELY) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 101 shares, a growth of 304.0% from the August 31st total of 25 shares. Based on an average trading volume of 23 shares, the days-to-cover ratio is presently 4.4 days.

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

OTCMKTS ERELY remained flat at $7.15 during trading on Friday. Eregli Demir ve Çelik Fabrikalari T.A.S. has a 52-week low of $4.96 and a 52-week high of $9.18. The company has a fifty day moving average price of $8.74 and a two-hundred day moving average price of $7.84.

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.