BlueScope Steel Limited (OTCMKTS:BLSFY – Get Free Report) was the recipient of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 246 shares, a growth of 117.7% from the April 15th total of 113 shares. Based on an average daily volume of 112 shares, the short-interest ratio is currently 2.2 days.
BlueScope Steel Stock Performance
Shares of OTCMKTS BLSFY opened at $106.61 on Friday. The stock has a 50 day moving average price of $99.87 and a 200 day moving average price of $92.11. BlueScope Steel has a 52-week low of $65.39 and a 52-week high of $113.30.
About BlueScope Steel
BlueScope Steel is an integrated steel producer headquartered in Melbourne, Australia, specializing in the manufacture and distribution of flat steel products and building solutions. The company’s core activities span the production of hot-rolled, cold-rolled, coated and painted steel products, as well as the design and supply of prefabricated buildings and steel framing systems. BlueScope serves a diverse customer base that includes construction, manufacturing, automotive, and distribution sectors.
Among its portfolio of branded products are COLORBOND® steel and ZINCALUME® steel, which are widely used in residential, commercial and industrial roofing and cladding applications.
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