Short Interest in Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) Drops By 13.4%

Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) was the recipient of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 99,100 shares, a drop of 13.4% from the February 13th total of 114,400 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 113,300 shares, the days-to-cover ratio is currently 0.9 days.

Usinas Siderúrgicas de Minas Gerais Trading Up 2.9 %

OTCMKTS USNZY opened at $1.05 on Thursday. The company has a current ratio of 3.72, a quick ratio of 2.14 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $575.21 million, a PE ratio of -52.50, a P/E/G ratio of 6.54 and a beta of 1.77. The stock has a 50-day simple moving average of $0.98 and a 200 day simple moving average of $1.05. Usinas Siderúrgicas de Minas Gerais has a 12 month low of $0.82 and a 12 month high of $2.10.

Usinas Siderúrgicas de Minas Gerais Company Profile

Usinas Siderúrgicas de Minas Gerais SA manufactures and markets flat steel products in Brazil and internationally. The company operates through three segments: Mining and Logistics, Steel Metallurgy, and Steel Transformation. It extracts and process iron ore, such as pellet and sinter feed and, granulated iron ore; provides storage, handling, and road cargo transportation services; and operates highway and railway cargo terminals.