Acerinox, S.A. (OTCMKTS:ANIOY) Short Interest Update

Acerinox, S.A. (OTCMKTS:ANIOY) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 4,100 shares, an increase of 28.1% from the December 31st total of 3,200 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 41.0 days.

Acerinox Price Performance

Shares of ANIOY stock opened at $5.10 on Friday. The stock’s 50-day moving average is $4.96 and its 200 day moving average is $5.01. Acerinox has a 1-year low of $4.45 and a 1-year high of $5.70. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.25 and a quick ratio of 1.37. The company has a market cap of $2.54 billion, a P/E ratio of 12.14 and a beta of 1.43.

Acerinox (OTCMKTS:ANIOY) last released its quarterly earnings results on Tuesday, October 29th. The company reported $0.10 earnings per share for the quarter. Acerinox had a net margin of 0.79% and a return on equity of 7.94%. The business had revenue of $1.44 billion for the quarter. Research analysts predict that Acerinox will post 0.48 earnings per share for the current fiscal year.

Acerinox Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, February 10th. Shareholders of record on Thursday, January 23rd will be paid a $0.0983 dividend. The ex-dividend date is Thursday, January 23rd. Acerinox’s dividend payout ratio (DPR) is 250.03%.

Acerinox Company Profile

Acerinox, SA, together with its subsidiaries, manufactures, process, and markets stainless steel products in Spain, the United States, Africa, Asia, Rest of Europe, and internationally. It operates through Stainless steel, and High-performance Alloys segments. The company offers flat products, including hot and cold rolled coils and sheets, strips, flat bars, and discs, as well as engraved coil and sheet, black coil, slabs, circles, billets, and plates.