Danieli & C. Officine Meccaniche S.p.A. (OTCMKTS:DNIEF) Sees Significant Growth in Short Interest

Danieli & C. Officine Meccaniche S.p.A. (OTCMKTS:DNIEF) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 10,515 shares, a growth of 267.1% from the April 15th total of 2,864 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Danieli & C. Officine Meccaniche Stock Performance

Danieli & C. Officine Meccaniche stock opened at $20.08 on Thursday. Danieli & C. Officine Meccaniche has a 52-week low of $19.95 and a 52-week high of $20.70. The business has a 50-day simple moving average of $20.08 and a two-hundred day simple moving average of $20.08.

Danieli & C. Officine Meccaniche Company Profile

Danieli & C. Officine Meccaniche S.p.A. designs, builds, and sells plants for the iron and steel industry in Europe, Russia, the Middle East, the Americas, and South East Asia. It operates through two segments, Plant Making and Steel Making. The company designs and builds plants for various process areas, including mines; pellet production plants; blast furnaces; direct reduction; scrap shredders; steelworks for production of liquid steel; and continuous casting for blooms and billets, slabs, and thin slabs.