Sherritt International Co. (OTCMKTS:SHERF) Sees Significant Growth in Short Interest

Sherritt International Co. (OTCMKTS:SHERF) was the target of a significant growth in short interest in the month of August. As of August 15th, there was short interest totalling 253,800 shares, a growth of 37.7% from the July 31st total of 184,300 shares. Based on an average daily volume of 2,000 shares, the short-interest ratio is currently 126.9 days.

Sherritt International Price Performance

Shares of Sherritt International stock remained flat at $0.15 during trading on Friday. Sherritt International has a 1 year low of $0.15 and a 1 year high of $0.34. The business’s 50-day moving average is $0.17 and its two-hundred day moving average is $0.21.

Sherritt International Company Profile

Sherritt International Corporation engages in the mining, processing, refining, and sale of nickel and cobalt in North America, Cuba, Europe, Asia, Australia, and internationally. It operates through Metals, Power, Technologies, Oil and Gas, and Corporate segments. The company also produces and sells agricultural fertilizers, such as anhydrous ammonia, granular ammonium sulfate, and crystalline ammonium sulfate; and sulfuric acid, zinc sulfides, and copper sulfides.