Short Interest in Acerinox, S.A. (OTCMKTS:ANIOY) Drops By 90.2%

Acerinox, S.A. (OTCMKTS:ANIOY) saw a large decrease in short interest in January. As of January 31st, there was short interest totalling 400 shares, a decrease of 90.2% from the January 15th total of 4,100 shares. Based on an average daily volume of 1,100 shares, the short-interest ratio is currently 0.4 days.

Acerinox Stock Performance

OTCMKTS:ANIOY opened at $5.21 on Friday. Acerinox has a 1-year low of $4.45 and a 1-year high of $5.70. The firm has a 50 day simple moving average of $4.98 and a 200-day simple moving average of $5.00. The firm has a market cap of $2.60 billion, a PE ratio of 65.13 and a beta of 1.44. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.25 and a quick ratio of 1.37.

Acerinox Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, February 10th. Shareholders of record on Thursday, January 23rd were paid a dividend of $0.0983 per share. The ex-dividend date of this dividend was Thursday, January 23rd. Acerinox’s dividend payout ratio is presently 237.50%.

About Acerinox

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.