Russel Metals Inc. (OTCMKTS:RUSMF) Short Interest Update

Russel Metals Inc. (OTCMKTS:RUSMF) was the target of a large growth in short interest in February. As of February 15th, there was short interest totalling 447,100 shares, a growth of 25.0% from the January 31st total of 357,800 shares. Based on an average trading volume of 16,500 shares, the short-interest ratio is presently 27.1 days.

Russel Metals Stock Down 3.7 %

Russel Metals stock traded down $1.07 during trading hours on Wednesday, reaching $27.47. 16,994 shares of the company were exchanged, compared to its average volume of 15,933. Russel Metals has a 12 month low of $25.32 and a 12 month high of $33.05. The stock has a 50-day moving average of $28.93 and a 200 day moving average of $29.36.

About Russel Metals

Russel Metals Inc operates as a metal distribution and processing company in Canada and the United States. It operates in three segments: Metals Service Centers, Energy Field Stores, and Steel Distribution. The Metal Service Centers segment operates a network of metals service centers, which provide metal products in range of sizes, shapes, and specifications, including carbon hot rolled and cold finished steel, pipe and tubular, stainless steel, aluminum, and other non-ferrous specialty metal products.